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%.
Slides from presentation (3.60MB)
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.
284 schools and college teams took part in last year's Challenge which ran from September 2012 to March 2013. To see the results of the 2012/13 Challenge go to Last Year's Challenge.
This year's competition launched on Monday 20 May and the closing date for entries is Thursday 20 June 2013. Demand for places is high and we have to limit the number of entries we accept. The schools that will be taking part in this year's competition will be selected by ballot after the closing date. All schools will be notified of the outcome by the end of June.
lnformation brochure (256KB)
Entry form (166KB)
Message from Charles Bean, Deputy Governor, Monetary Policy (31KB)
Contact the Target Two Point Zero Team ;
Tel: 020 7601 5366