Target Two Point Zero - The Bank of England and The Times Interest Rate Challenge gives teams of students aged 16-18 the chance to take on the role of the Bank of England's Monetary Policy Committee, assess economic conditions and the outlook for inflation and tell panels of judges what monetary policy they would set to achieve the Government's inflation target of 2.0%.
The Perse School, Cambridge, 2014/15 National Champions
The Target Two Point Zero website provides teachers and students with information to help them take part in the Interest Rate Challenge. Although it is aimed mainly at participants it can be used by anyone who is teaching or studying, or simply has an interest in economics and monetary policy.
288 schools and colleges took part in last year's Challenge which ran from
September 2014 to March 2015. To see the results of the 2014/15 Challenge go to Last Year's Challenge
This year's competition launched on Tuesday 19 May and the closing date for entries is Monday 15 June 2015. If demand for places is high we will have to limit the number of entries we accept. A ballot will be held after the closing date. Where possible places will be allocated to reflect the percentage of state and independent schools in each region. Schools will be notified on the outcome by the end of June.
Contact the Target Two Point Zero Team;
Tel: 020 7601 5366