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.

What economic indicators did the team focus on in their analysis?

What was the team's stance on the impact of fiscal policy implications for the next year?