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Home > Education and Museum > Target Two Point Zero - The Bank of England Interest Rate Challenge
 

Target Two Point Zero - The Bank of England Interest Rate Challenge

Target Two Point Zero is a competition that gives teams of students aged 16 to 18 the chance to take on the role of the Bank of England's Monetary Policy Committee.  

Each team will assess economic conditions and the outlook for inflation and then set the interest rate to meet the Government's inflation target of 2.0%.  The teams will present their analysis and monetary policy decision to a panel of judges.

271 schools and colleges took part in last year's Challenge which ran from September 2015 to March 2016.

This year's competition launched on Tuesday 24 May and closed to entries on Monday 20 June 2016. 

Demand for places is high and we will have to limit the number of entries we accept, and 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 of the outcome by the end of June.

Contact the Target Two Point Zero Team:-

Tel: 020 7601 5366 

Key Resources


Target Two Point Zero Resource Manual
The manual provides guidance on what the Challenge involves.  It explains how the economy and monetary policy work, and what factors determine and influence inflation and monetary policy decisions.  The manual is updated annually and this year's version will be available in early September 2016.

 

 

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Target two point zero contact: +44 (0)20 7601 5366, targettwopointzero@bankofengland.co.uk, #Target2