No, the FAQ says: You can reset your password at My Apple ID by using your Recovery Key and one of your trusted devices.
I think they do a pretty good job of emphasizing that there are three things involved here: Recovery Key, password, any trusted device. Any two will allow you to recover the third (except if you lose your phone). Not having any two and you lose your ID forever.
I think they do a pretty good job of emphasizing that there are three things involved here: Recovery Key, password, any trusted device. Any two will allow you to recover the third (except if you lose your phone). Not having any two and you lose your ID forever.