• Log In Log Out
  • Hear from T. Rowe Price Chief Economist Alan Levenson about the latest economic developments.

      Chief Economist Alan Levenson  

    on August 28, 2014

    In a lagged response to a firming pace of job growth and declining unemployment, American workers' wages finally are on the rise-with important implications for the U.S. economic outlook.

    Modest Uptick in U.S. and Global Economies

    July 25, 2014

    After a precipitous decline in the first quarter, the U.S. economy is rebounding and could grow at a 3% annual rate over the second half of the year, says T. Rowe Price Chief Economist Alan Levenson. Mr. Levenson says the 2.9% decline in real gross domestic product in the first quarter does not reflect any underlying fragility in the economy.

    Is Low Inflation a Risk?

    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.

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