The Fed Challenge is a national competition sponsored by the Federal Reserve Board. In this competition, teams of three to five students assume the role of advisors to the Federal Open Market Committee in the conduct of monetary policy. Teams make a twenty-minute presentation and are then questioned by a panel of Federal Reserve in Washington for the final competition. IPFW competes in the regional competition held by the Federal Reserve Bank of Chicago.
The competition encourages students to apply theoretical topics in macroeconomics and monetary policy to the actual, current economic situation. The competition requires students to assemble and process current macroeconomic information and data. It also requires students to move beyond a theoretical understanding of monetary policy into a detailed understanding of the implementation of monetary policy. Participants are expected to develop a very professional presentation style.
IPFW first started competing at the Fed Reserve Bank in Chicago in 2006.
Eight students will travel to the Chicago, IL to participate in the Fed Challenge at the Federal Reserve Bank of Chicago. This talented team consist of Marcela Betancourt, Nicholas Brown, Oliver Gibson, Miguel Gonzalez, Zachary Harants, Kevin McCullough, Brandon Roberts, and Nicholas Shepherd. The coaches are Dr. Nodir Adilov, Prof. John Kessler and Dr. Myeong Hwan Kim.
Ten students will travel to the Chicago, IL to participate in the Fed Challenge at the Federal Reserve Bank of Chicago. This team consist of Brandon Beeks, Zena Braish, Ciara Cox, Hannah Janssen, Meng Li, Joseph Rondot, Timo Rutkowski, Spenser Schafer, Scott Sounders and Erik Tom. The coaches are Dr. Nodir Adilov, Prof. John Kessler and Dr. Myeong Hwan Kim.