Babson Economics Team Earns Honorable Mention at Boston Regional College Fed Challenge 

Babson College and a team of economics students earned an honorable mention at the regional finals of the 2025 Boston Regional College Fed Challenge competition last month at the Federal Reserve Bank of Boston.  

The Babson team, coached by Associate Professor Josh Staveley-O’Carroll, defeated the University of Connecticut, Framingham State University, and Southern Connecticut State University in the first round October 24. The team then earned the honorable mention recognition in the regional finals against Harvard (first place), Yale (second place), Northeastern (third place), Bentley, and Boston University. This is the fourth time in the past seven years that Babson has advanced to the regional finals. 

The Babson competition team included Ilkan Budak ’26, Ian Cass ’26, Aditya Mehta ’28, Tancrede Roy ’27, and Molly Wang ‘27. The rest of the class that helped with the slides and the script are Nick Coletti ’26, Julia Golden ’26, Ava Hascall ‘26, James Nguyen ’27, and Eric Wang ‘26.  

“I am extremely impressed with the research this team conducted on extremely technical topics such as the impact of the supplemental leverage ratio on term spreads and the effects of forward guidance on inflation expectations,” said Staveley-O’Carroll, who recruits students from the Money, Banking, and the Economy course for the competition. 

In the College Fed Challenge competition, students analyze the real-time state of the economy, including potential risks. Teams then present recommendations for the Federal Reserve in its interest-rate setting and conduct of monetary policy to a panel of professional economists, including those from the Federal Reserve Bank of Boston.

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