BoE interest rate challenge gets under way

The sixth annual Bank of England (BoE)/Times Target Two Point Zero Interest Rate Challenge commences on 21 November. The competition asks nearly one thousand school and college students to decide what the UK's official interest rate should be to keep inflation low and stable.

In launching the 2006 challenges BoE governor Mervyn King said "For students, the Challenge adds relevance and excitement to their class-work. For the Bank, it is an ideal opportunity to widen understanding of the 2%

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