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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.
Learn more

Recessions & your money

Illustration of a person holding a house with a rain cloud over it
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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Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
Outside of the Federal Reserve building
The Federal Reserve just lowered interest rates for the first time in four years.
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Auto rates will likely not decrease this year. Consider how to still save.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
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The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
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Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
U.S. Federal Reserve Chairman Jerome Powell delivers remarks at a news conference.
The best way for most investors to approach this type of market is to stick to their long-term plan.
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The National Credit Union Administration is similar to the FDIC, which covers banks.
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There are a handful of numbers you should track for your financial health and well-being. A few you might already know about – your credit score and your net worth, for example. But you should also know [...]
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As the old saying goes: What goes up, must come down. But in the case of annual percentage yields (APYs), we might have a bit more air time. While APYs on deposit accounts may have come down from their [...]
Image by Getty Images, illustration by Bankrate
Electronic checks (eChecks) offer a digital alternative to traditional paper checks, allowing you to make payments directly from your checking account online. Learn how eChecks work, when to use them, [...]
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Callable CDs can offer a higher yield than traditional CDs, but there’s a catch.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
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.
Outside of the Federal Reserve building
The Federal Reserve just lowered interest rates for the first time in four years.
A Black couple talk to a salesperson at a car dealership.
Auto rates will likely not decrease this year. Consider how to still save.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
US-ECONOMY-FEDERAL RESERVE-RATE-POWELL
The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
Federal Reserve Eccles Building illustration
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
U.S. Federal Reserve Chairman Jerome Powell delivers remarks at a news conference.
The best way for most investors to approach this type of market is to stick to their long-term plan.
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