22 February 2016
Cariosa O’Hare, Cormac McCarry, Maggie McBride and Kate McLaughlin from Loreto College, Coleraine are preparing to compete in the area finals of the ‘Target Two Point Zero’, The Bank of England and The Times Interest Rate Challenge, taking place next week by engaging in a debate with Alan Bridle, UK Economist & Market Analysis Manager, Bank of Ireland UK.
The UK based competition provides students with the opportunity 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%.
