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They went up the last time they raised the debt ceiling, interest rates went up... because we're not dealing with the problem.
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Federal law set a ceiling on interest rates for savings accounts and generally prohibited interest payments on checking and other demand deposit accounts.
Beijing also sets a ceiling on interest rates, which harms households trying to build a nest egg and helps capital-intensive businesses that borrow to expand.
One oft-cited case of stability-enhancing deregulation was the abolition in the early 1980s of Regulation Q, which put a ceiling on interest rates paid on deposits.
They purchase caps to set a ceiling on interest charges or use swaps to convert floating-rate debt into fixed-rate debt.
Late Thursday, the central bank increased the ceiling on interest rates to 49.75percentt from 29.75 percent, the second rise in less than 10 days.
America's top marginal tax rate stayed at ninety-one per cent until 1964, and anti-usury laws kept a ceiling on interest rates until the late seventies.
Congress could redress the balance, and restore consumer protections, by setting a reasonable federal ceiling on interest rates and allowing states to adopt stricter limits if they want to.
Ceilings on interest rates vanished.
Deregulation in the 1970's had removed ceilings on interest rates.
Finance surged in the 80's partly because deregulation removed old ceilings on interest rates and let financial institutions offer new services.
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CEO of Professional Science Editing for Scientists @ prosciediting.com