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 Challenge took place from September 2014 to March 2015.
- Regional Heats took place throughout the UK between 17 and 28 November 2014.
- Area Finals took place in six locations during February 2015.
- The National Final which took place on 20 March 2015.
- This year's competition closed to entries on 20 June 2014.
- Next year's competition will launch in May 2015.
Six months of preparation and study paid off for The Perse School, Cambridge with their team winning the fifteenth national final of Target 2.0, held on 20 March 2015 at the Bank's headquarters in Threadneedle Street, London. Ben Broadbent, Deputy Governor for Monetary Policy, presented them with the Challenge Trophy and a cheque for £5,000 for the school. Speaking at the presentation Ben Broadbent, who chaired the judging panel, said: "It has been a great pleasure to watch the students deliver such fantastic presentations today, and it was a very difficult task to choose the winning team. It was a privilege to watch the students analyse and communicate these difficult monetary policy issues in such an effective way."
News Release - Interest Rate Challenge winner announced today
20 March 2015
Contact the Target Two Point Zero Team;
Tel: 020 7601 5366