800-638-5660

Call an Investment Guidance Specialist

Hear from T. Rowe Price Chief Economist Alan Levenson about the latest economic developments.

  Chief Economist Alan Levenson  

on April 22, 2014

Economic theory teaches that inflation is, in the long run, a monetary phenomenon. Indeed, persistently high inflation in the 1970s—too much money chasing too few goods—was brought to heel by a sharp tightening of monetary policy.


Global Economic Growth Shows Improvement

January 24, 2014

Global growth this year will remain on the lower track that has prevailed since the 2008–2009 financial crisis but will be stronger than last year and with fewer major risk factors lurking in the background.

The Current U.S. Economy and 2014 Outlook

October 22, 2013

In September, the U.S. economy marked five years since the Lehman Brothers collapse that was a low point of the Great Recession, and it continued working through a long, sluggish recovery. But a government shutdown and looming debt ceiling fight took center stage. Is the economic news good or bad?

Today's Economy: Recovering From Financial Woes

September 30, 2013

Five years after the collapse of Lehman Brothers led to the worst financial crisis since the Great Depression, the U.S. economy has proven resilient, but the recovery has been among the weakest in the postwar era. Alan Levenson, T. Rowe Price's chief economist, discusses this historic era with Steve Norwitz.

What Is the Federal Reserve's Exit Strategy?

September 24, 2013

The Federal Reserve has supported the economy and the financial markets for several years with ultra-low short-term interest rates and asset purchases to suppress longer-term interest rates. Investors are increasingly interested in what steps the Fed may take in the months and years ahead as it begins the process of normalizing its monetary policies.

After the Stimulus: A Look at the U.S. Economy

July 23, 2013

Late in the second quarter, Federal Reserve Chairman Ben Bernanke announced the Fed might begin tapering off the asset purchase program it has used to stimulate the U.S. economy. In a recent interview, T. Rowe Price Chief Economist Alan Levenson discusses the U.S. economic outlook in the context of changing Fed policy.

Improving Economy Could Signal Fed Change

May 24, 2013

With recent data showing the U.S. economy continuing to expand at a moderate pace, domestic stock markets trading near record highs, and some Fed officials publicly worrying that very low interest rates could destabilize markets, many investors are increasingly attuned to signs that the central bank is preparing to temper its easy-money policies.

Copyright 2014, T. Rowe Price Investment Services, Inc., Distributor. All rights reserved.