Bank of England competition

26 November 2009

Bank of England competitors

Matthew Choi, Eric Gartz, Sam Newman and Jonathan Wong competed today in the Bank of England's "Target 2.0" competition.

The team were required to give a fifteen-minute presentation on the current state of the economy and then field questions from three Bank of England judges. The team decided to hold interest rates at 0.5% and, by a vote of 3 to 1, maintain quantitative easing at £200bn. They beat teams from Radley College, Wood Green School, Stowe School, The Royal Latin School and Headington School. They now proceed to the South East of England final.