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Recession watch

Will the U.S. economy soon be in a recession? It's the trillion-dollar question that even experts don't know the answer to. Here's how to prepare for a potential downturn, and how one could impact you.

Insights from our expert analysts

“Economic uncertainty is a time for reducing debt and boosting savings, not the other way around.”

– Greg McBride, CFA

Do's and don'ts of saving during a recession

To help you navigate saving during a recession, we asked a number of experts what some of the most helpful things to do are, as well as some things you should try to avoid at all costs.
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Recessions & your money

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How might a recession affect the housing market?
A middle-aged couple looks out to the beach from their van
Here are some tips to help make sure your retirement savings are protected in the event of a recession.
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The once-booming labor market is starting to face some trouble.

Experts in all things finance

Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.

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Greg McBride

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Chief Financial Analyst

Sarah Foster

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Principal U.S. Economy Reporter

Mark Hamrick

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Senior Economic Analyst

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Latest articles

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The housing market isn’t immune from outside economic forces, including inflation.
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It just might be. But don’t forget the fundamentals of how home equity loans work.
Fed chair Jerome Powell makes a speech
The Federal Reserve cut interest rates for the second consecutive meeting but this time by a smaller quarter of a percentage point.
Exterior of Federal Reserve building
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
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Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
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Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
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With some planning and preparation, this is how I reduced my Thanksgiving grocery bill.
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Banks are working to keep customers safe through AI apps and human interaction.
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Slow shopping has been growing in popularity despite potential drawbacks.
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Knowing a savings bond’s value can help you decide whether to hold it or redeem it.
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Comparing savings rates can ensure you get the best return on your savings.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
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Balancing your checking account may sound dated, but it still makes sense.
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It’s a low interest rate environment, but there are ways to earn more on your money.
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How long will the job market hold up amid the Fed’s rapid rate hikes?
Jerome Powell speaking at a podium
Economists see the Fed’s tightening cycle peaking at 4.5-4.75 percent.
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Storm clouds are gathering above the economy amid high inflation and interest rates.
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That’s even despite the Fed’s fastest rate hikes since the 1980s.
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Feeling deprived during lockdowns, Americans aren’t ready to fall back on progress.
Federal Reserve Chair Jerome Powell speaks with journalists after the Fed's July meeting.
Not since the 1980s have officials raised rates this much in a single year.
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What the Fed news really means: a demystification of Fed terms.
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Skyrocketing costs are causing a major hit to Americans’ financial security.
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