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. Bankrate's latest survey of economists put the odds at 59%. Here's how to prepare for a potential downturn, and how one could impact you.
Recessions & your money
Essential reading
Dive deeper
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Survey: Inflation is slowing fast but still might not hit the Fed’s target until 2025
Inflation slowed much faster than expected last year, but economists are still wary.
4 min read Jan 03, 2024 -
Survey: Economists project a milder hiring slowdown than originally expected for 2024
For three straight surveys, economists have upgraded their job market forecasts.
4 min read Jan 03, 2024 -
Survey: Despite a resilient economy, experts still see a near 1-in-2 chance of a recession
Economists say the risks of a downturn are still high, even as the economy stays strong.
4 min read Jan 03, 2024 -
Bankrate’s Interest Rate Forecast for 2024: Mortgages, credit cards and more will stay pricey, even if the Fed cut rates
See our predictions for rates on mortgages, credit cards, savings accounts and more.
10 min read Jun 25, 2024 -
Credit card interest rate forecast for 2024: Rates will ease a bit, but remain high
If you have credit card debt, your interest rates are likely to remain high in 2024.
3 min read Jan 25, 2024 -
CD rates forecast for 2024: Expect banner year for savers with strong yields, lower inflation rate
You can find a CD account that significantly out-earns the national average if you shop around among banks.
3 min read Feb 28, 2024 -
Regulation D and savings account withdrawal limits – here’s what changed
How Reg. D impacts your savings account and why it pays to check with your bank.
5 min read Jan 25, 2024 -
What is the Federal Open Market Committee (FOMC)? Meet the key policymakers shaping your finances
The Fed has lifted rates 11 times. These policymakers are behind those decisions.
5 min read Dec 19, 2023 -
Survey: Nearly two-thirds of Americans don’t expect their personal finances to improve in 2024
The biggest reason behind Americans’ financial pessimism continues to be inflation.
7 min read Jan 09, 2024 -
Inflation is slowing on these holiday essentials, but prices are still up 21% since before the pandemic
Nine in 10 holiday essentials are more expensive today than before the pandemic.
11 min read Dec 15, 2023
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- When will the Fed stop raising rates?
- How much will the Fed raise rates
- Americans are feeling recession fatigue
- Economists predict Fed will lift rates to highest since 2001
- Economists say higher inflation could persist for two more years
- How the Fed battles recessions
- What is stagflation?
- What to expect from the Fed's next meeting