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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.
Illustration of worker with a brief case
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

If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Philadelphia, Pennsylvania.
Borrowers often don’t notice small rate cuts, and a weakening economy could dull the relief.
A Black couple talk to a salesperson at a car dealership.
Auto rates will likely not decrease this year. Consider how to still save.
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.
Federal Reserve Eccles Building illustration
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
Jerome Powell, chairman of the US Federal Reserve, arrives for the Federal Reserve Board open meeting in Washington, DC, Oct. 24, 2025.
The best way for most investors to approach this type of market is to stick to their long-term plan.
The Social Security Administration sign is seen in front of the agency's headquarters in Woodlawn, MD.
Social Security recipients can expect to see a higher-than-average COLA raise in 2026.
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Most of us have lent money to a friend or family member or paid a group bill with the expectation of being paid back. Unfortunately, these situations don’t always go smoothly and often result in lost [...]
A 100 dollar bill hanging on a closeline
Americans don’t want to talk about money, but there can be drawbacks to staying quiet.
Illustration of Fed Chair Jerome Powell speaking at a podium at the Fed's post-meeting press conference.
Officials are cutting rates to shore up the job market, but it’s not without risk.
Woman reaching in to the air for cash
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Illustration of Fed Chair Jerome Powell
See what the nation’s top economists are forecasting in Bankrate’s Q3 survey.
Illustration of workers and small business owners in front of a briefcase
Before data started to show that the job market was slowing, cracks appeared in people’s lives first.
Illustration of worker juggling dollar bills over a background of a line signifying rising inflation
A record 62% say pay hasn’t kept up with costs, climbing from 55% in 2022.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Philadelphia, Pennsylvania.
Borrowers often don’t notice small rate cuts, and a weakening economy could dull the relief.
A Black couple talk to a salesperson at a car dealership.
Auto rates will likely not decrease this year. Consider how to still save.
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.
Federal Reserve Eccles Building illustration
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
Jerome Powell, chairman of the US Federal Reserve, arrives for the Federal Reserve Board open meeting in Washington, DC, Oct. 24, 2025.
The best way for most investors to approach this type of market is to stick to their long-term plan.
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