Fed Challenge Team

FRCT

The Challenge

Each year the Federal Reserve Challenge asks undergraduate students around the country to make a 15 minute presentation detailing a monetary policy recommendation based on current economic conditions in the United States. Students must display an in-depth knowledge of how different sectors interact as well as the tools the Fed has at its disposal to influence the economy. The presentation is delivered a panel of expert economists as if it were a Federal Open Market Committee (FOMC) meeting. Students are graded on; Knowledge of Current Economic Conditions, Understanding of Monetary Policy, Data and Analysis & Teamwork. After the presentation, students are subject to 10 minutes of cross examination.

For more on the Challenge please visit the Federal Reserve Website

Our Team

Northeastern University has officially participated in the Fed Challenge since 2014. Professor Nancy Kimelman served as advisor until 2022 and the team has since been advised by Professor Mark Hooker. The Northeastern team prides itself not only on it’s record of strong performance, but also on being open to new comers and offering learning opportunities for all students.

Getting Involved

The Federal Reserve Challenge is held in the fall semester and our team begins preparation in August. If you want to get involved with the 2024 team or get notified when meetings begin please sign up to receive emails from us here, or reach out to Bobby at squires.r@northeastern.edu