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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?
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

A recession could be good news for homebuyers.
Unless you have specific reasons to be concerned about your job, a recession may actually be a good time to buy a home.
What happens to mortgage rate during a recession?
Here’s what we know from past cycle turns.
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Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
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JPMorgan raises recession probability to 50%. Learn five practical steps to protect your savings before economic conditions worsen.
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Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
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A new credit card, timed right and used strategically, can help you fight high prices.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
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Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
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Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Young woman withdrawing money using phone at the ATM machine on the street in Budapest in Hungary.
Here are simple steps to take to avoid paying checking account fees.
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Many Americans are ready for a vacation. Here’s how much you’ll spend to get away.
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Top high-yielding savings accounts continue to handily outpace inflation.
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Get the latest rates on top-yielding money market accounts.
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Online checking accounts stand out for different features. Here’s our top picks.
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Walk away with stacks of cash just for opening a checking or savings account.
Planning, finance and couple with paper and laptop for budget
These joint checking accounts are ideal for sharing finances with another person.
Illustration of Fed Chair Jerome Powell
The Fed looks poised to leave rates alone in July but signal cuts are coming soon.
Design element of woman sitting at desk in front of laptop.
Wages are on pace to fully recover from inflation by the second quarter of 2025.
Real estate agent greets a client in front of a red brick home
Today’s mortgage rates already reflect the likelihood of a September Federal Reserve rate cut.
family of 4 posing in front of new red-brick house, green lawn and nice landscaping
With a Fed rate cut finally on the horizon, here’s what homebuyers should know.
Image of Federal Reserve Chair Jerome Powell
Can a Fed rate cut stop the housing market roller coaster?
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How Reg. D impacts your savings account and why it pays to check with your bank.
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Mortgage rates have fallen, but the imminent Fed cut could make them even more favorable for refinancers.
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It isn’t always about two consecutive quarters of negative GDP growth.
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