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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? Find out what the experts think.
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 pandemic upended everything, and your wallet wasn’t spared.
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The Fed isn’t in a rush to raise rates, but slowing asset purchases appears to be on deck.
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You might not know it, but the repo market is the bedrock for the financial system.
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The only thing harder than shutting down the world’s largest economy is bringing it all back to life.
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The worst downturn in a lifetime was also the shortest.
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The coronavirus pandemic drained Americans’ savings accounts.
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Here’s where the nation’s top economists see hiring, the Fed and inflation heading over the next year.
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If you’ve been thinking of getting a longer-term CD, you may want to make a move.
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These six simple moves can help you build a cash cushion.
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Savings yields topping inflation could let you hold onto your purchasing power.
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Here are some places to look for a source of funds.
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Here’s how to boost your savings.
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Comparing savings rates can ensure you get the best return on your savings.
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Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
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Here are some of the best savings accounts you can sign up for as a business owner.
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If you’ve been thinking of getting a longer-term CD, you may want to make a move.
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Fed officials are trying to prevent an economic slowdown from getting worse.
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Tune in to Bankrate’s live coverage of the Fed’s first rate cut since 2020.
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Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
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For savers, here’s what to consider when the Fed raises interest 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.
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