Promoting economic stimulus has propelled a group of Bath students through a regional financial competition. The Year 13 students from King Edward's School took the regional title in the Target Two Point Zero Bank of England and The Times Interest Rate Challenge. The group - Joe Bennett , Phoebe Bardsley , Piers Wainwright and Emma Clarke - had to analyse UK and global economic data and their possible impact on inflation and the economic outlook for the country. The team then had to decide if current monetary policy was appropriate or needed adjusting. The KES team impressed the judging panel, made up of economists from the Bank of England , with their suggestion of keeping interest rates at 0.5 per cent and allowing a Pounds 425 billion stimulus package, praising "the wide array of information that was brought to bear". The KES students will now compete in an area final next month.
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