National Fed Challenge

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The National Fed Challenge is an academic competition that provides high school students (grades 9-12) with an insider's view of how the United States central bank, the Federal Reserve, makes monetary policy.

The Fed Challenge begins with regional and district rounds of competition. Each Fed Challenge team, consisting of five students, presents an analysis of the current state of the economy backed by current economic data and a monetary policy recommendation for the Federal Open Market Committee (FOMC). Following the presentation, judges question each team about their presentation and their knowledge of macroeconomic theory. Federal Reserve Bank economists and officers judge the district competitions.

One Fed Challenge team from each of the seven participating Federal Reserve Districts competes at the national competition in Washington, D.C. FOMC members — Federal Reserve Governors and Reserve Bank Presidents — judge the national finals.

[edit] Previous Fed Challenge National Champions

• 2006, Severn School^[1], Maryland
• 2005, Pittsford Mendon High School, New York
• 2004, Rumson-Fair Haven Regional High School, New Jersey
• 2003, Severn School, Maryland
• 2002, Maggie L. Walker Governor's School for Government and International Studies, Virginia
• 2001, Montclair High School, New Jersey
• 2000, Midland High School, Texas
• 1999, University School of Milwaukee, Wisconsin
• 1998, Bryan High School, Texas
• 1997, Bryan High School, Texas
• 1996, Bryan High School, Texas

[edit] References

[edit] External links

• 1st District (Boston) Fed Challenge
• 2nd District (New York) Fed Challenge
• 4th District (Cleveland) Fed Challenge
• 5th District (Richmond) Fed Challenge
• 7th District (Chicago) Fed Challenge
• 8th District (St. Louis) Fed Challenge
• 10th District (Kansas City) Fed Challenge