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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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A new credit card, timed right and used strategically, can help you fight high prices.
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Federal Reserve Chairman Jerome Powell
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Federal Reserve Chairman Jerome Powell
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These are the basic accounts you need to jump start your financial life.
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Will it be enough to keep the economic expansion going?
Fed Chair Jerome Powell speaks during a news conference
Fed officials are trying to prevent an economic slowdown from getting worse.
Illustration of Fed Chair Jerome Powell
Tune in to Bankrate’s live coverage of the Fed’s first rate cut since 2020.
Man using credit card while online
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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The Federal Reserve’s decisions have ripple effects, including for mortgages.
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The Fed has cut rates by half a percentage point — how will that affect the housing market?
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