T. Rowe Price: Do not underestimate central banks' power

Recession due but will be relatively mild

clock • 3 min read

A recession is likely three years off but will be less severe than those in 2008 and 2001, according to T. Rowe Price's chief international economist.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Budget 26: Chancellor set to cancel cash ISA allowance cut - reports

Budget 26: Chancellor set to cancel cash ISA allowance cut - reports

Reports that it will be scrapped in today’s Budget

Isabel Baxter
clock 28 October 2026 • 3 min read
Friday Briefing: Playing hard to Budget

Friday Briefing: Playing hard to Budget

Friday Briefing

Patrick Brusnahan
clock 26 October 2026 • 2 min read
Healey decision to take CGT rise off table 'sensible' and 'much-needed'

Healey decision to take CGT rise off table 'sensible' and 'much-needed'

Budget on 28 October

Alex Sebastian
clock 20 October 2026 • 3 min read
Trustpilot