On the Horizon

Navigate the 2025 Global Market Outlook in three minutes

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    Our 2025 Global Market Outlook summary video helps you navigate the winding road to normalization and explores the market implications. The rate-cutting cycle has begun, but global central banks will continue to be data dependent. We anticipate a normalization of policy at a more gradual pace relative to market pricing. Growth is moderating but remains resilient, and although good progress has been made on inflation, it’s not over until it’s over—and is likely to remain volatile.

    Read the full 2025 Global Market Outlook or watch the CE webinar to learn more.

    Important Information

    This material is provided for informational purposes only and is not intended to be investment advice or a recommendation to take any particular investment action.

    The views contained herein are those of the authors as of November 2024 and are subject to change without notice; these views may differ from those of other T. Rowe Price associates.

    This information is not intended to reflect a current or past recommendation concerning investments, investment strategies, or account types, advice of any kind, or a solicitation of an offer to buy or sell any securities or investment services. The opinions and commentary provided do not take into account the investment objectives or financial situation of any particular investor or class of investor. Please consider your own circumstances before making an investment decision.

    Information contained herein is based upon sources we consider to be reliable; we do not, however, guarantee its accuracy. Actual outcomes may differ materially from any estimates or forward-looking statements made.

    Past performance is not a reliable indicator of future performance. All investments are subject to market risk, including the possible loss of principal. All charts and tables are shown for illustrative purposes only.

    T. Rowe Price Investment Services, Inc., distributor. T. Rowe Price Associates, Inc., investment adviser.

    © 2024 T. Rowe Price. All Rights Reserved. T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/or apart, trademarks of T. Rowe Price Group, Inc.

    202411-4044485

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