According to Regulation Q, the maximum interest rate that the U.S. banks could pay on deposits was limited by the Federal Reserve. This reduced volatility in the financial markets and largely benefited the U.S. banks.

Question

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Regulation Q limited interest rates on deposits, which restricted banks' ability to attract deposits and led to disintermediation, ultimately not benefiting banks or reducing market volatility.

According to Regulation Q, the Maximum Interest Rate That the U.S