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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.
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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.

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Latest articles

Fed Chair Jerome Powell Holds An News Conference On Interest Rates
The Fed doesn’t look like it’s going to cut rates aggressively.
Federal Reserve Eccles Building illustration
The key benchmark has been as high as 20 percent — and as low as 0 percent.
Federal Reserve Chair Powell Holds His News Conference
The best way for most investors to approach this type of market is to stick to the long-term plan.
Women using digital tablet to check her finances at home office
For savers, here’s what to consider when the Fed raises interest rates.
Fed chair Jerome Powell speaks at a conference
While the Federal Reserve stood pat this time, it has raised rates a total of 11 times in this current cycle.
Jerome Powell speaking at a podium
These policymakers will influence the crucial debate of when to cut interest rates.
Illustration of a US Federal Reserve ink stamp
Every financial decision you make is impacted by the Federal Reserve.
Illustration of Fed Chair Jerome Powell
The Fed looks poised to leave rates alone in July but signal cuts are coming soon.
A man uses his phone at an ATM.
Here’s how to use your smartphone — rather than a bank card — at an ATM.
Federal Reserve Chair Powell Holds A News Conference Following The Federal Open Market Committee Meeting
Emergency rate cuts are rare, but some economists believe one may be coming soon.
Traders work on the floor of the New York Stock Exchange
It isn’t always about two consecutive quarters of negative GDP growth.
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This budgeting rule of thumb can help make tracking everyday spending easier.
Federal Reserve Chair Powell at a podium
As the job market weakens, some economists say the Fed should’ve cut rates already.
People walk by a Western Union location in New York.
Wire transfer fees can be expensive, but here are ways to send money for less.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank
Comparing savings rates can ensure you get the best return on your savings.
Traders work on the floor of the New York Stock Exchange
It isn’t always about two consecutive quarters of negative GDP growth.
Federal Reserve Chair Powell at a podium
As the job market weakens, some economists say the Fed should’ve cut rates already.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
Calm focused female freelancer in casual clothes revising reports while sitting on soft couch at table and using computer in light contemporary apartment
Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
Portrait of a happy woman smiling outdoors and looking thoughtful
The Federal Reserve is poised to cut rates in September. Will it be enough to entice homebuyers?
Student walking through college campus.
The Federal Reserve’s actions can influence student loan interest rates.
Outside of the Federal Reserve building
The Federal Reserve raised interest rates several times. These interest rate changes are likely to affect the rates of personal loans.
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