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Monday, March 22, 2010

Dulwich Leads The way

Well done to my old school (Dulwich College) for winning the annual Target 2.0 competition, run by the Bank of England in conjunction with The Times, which puts A level students in the shoes of the Bank's Monetary Policy Committee.

Dulwich College won by challenging the Bank to be more "high-profile" in getting the inflation message across, as well arguing that a 4% inflation target would give policymakers much more room for manoeuvre if they needed to cut rates quickly.

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