Rutgers Takes 13th Annual College Fed Challenge

Rutgers University students won the 13th Annual College Federal Reserve Challenge, outperforming teams from Princeton and Dartmouth. The team presented their economic outlook and monetary policy recommendations, focusing on price stability and labor market conditions. They discussed inflation expectations and structural unemployment, leading to a consensus on two rate hikes, despite some dissent. Fiscal policy implications were considered uncertain due to the new administration.

Which universities did the Rutgers team compete against in the Federal Reserve Challenge?

• Harvard and Yale

• Princeton and Dartmouth

• Columbia and NYU

• Stanford and MIT

What was the main focus of Ashton's presentation in the challenge?

• Employment rates

• Price stability and inflation

• Interest rates

• Fiscal policy

What was the team's conclusion about the rise in unemployment?

• It is cyclical and temporary

• It is structural and not easily addressed by the Fed

• It is a result of fiscal policy changes

• It is due to external economic factors

How many rate hikes did the majority of the team agree on?

• Two

• One

• Three

• Four

Did the team consider fiscal policy implications in their analysis?

• They partially considered it

• No, they chose to ignore it

• They were unaware of it

• Yes, they fully integrated it