Target Two Point Zero Interest Rate Challenge

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On Monday 17th November 2014 a team of Sixth Form students from Kingsbury High School took part in the Bank of England Target Two Point Zero Interest Rate Challenge.

Students analysed economic data and their possible impact on inflation and the economic outlook, as the Bank of England’s monetary policy committee does at its monthly meetings. The Kingsbury team performed particularly well under some very challenging questioning on their presentation by members of the Bank’s judging panel. They came a creditable close second to the eventual winners, Fortismere school in the North-West London regional heat.

The chair of the judging panel, Stephen Collins, said “We were extremely pleased with the quality of the presentations and the judges found it very hard to distinguish between the leading teams”.

The other schools competing were Harrow school, Harrow college and Greenford High School.

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