From 1961 on ▣1961：Citibank,CD Market rate fell below the ceiling. Other market rate instruments emerged. Today,virtually all bank liabilities are free of regulatory restrictions on allowable rates, maturities,and minimum denominations. ■ Banks can offer any deposit product. ■ Price competition is the dominant consideration. 爸封强的黄香+孝From 1961 on From 1961 on † 1961: Citibank, CD † Market rate fell below the ceiling. † Other market rate instruments emerged. † Today, virtually all bank liabilities are free of regulatory restrictions on allowable rates, maturities, and minimum denominations. „ Banks can offer any deposit product. „ Price competition is the dominant consideration