What's next for the global economy?

Over the past six months, the market environment has changed in many ways. Consensus expectations for central bank policy, in particular, are markedly different. Prices of interest rate futures reflect expectations for far fewer interest rate cuts from global central banks than seemed likely in December 2023. Equity and fixed income markets are readjusting accordingly. Could this be an opportunity for active managers to outperform? T. Rowe Price takes a look at the global market outlook. Read now.