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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Fed’s interest rate history: The federal funds rate from 1981 to the present
The key benchmark has been as high as 20 percent — and as low as 0 percent.
10 min read Sep 20, 2023 -
Take these 11 steps now after the Federal Reserve’s latest interest rate decision
The Fed’s key rate hasn’t been this high for 22 years. Here’s how to respond.
12 min read Sep 20, 2023 -
How the Fed affects auto loan rates
The Fed rate has a domino effect that can raise or lower auto loan rates.
3 min read Sep 20, 2023 -
How the Federal Reserve impacts savings account interest rates
For savers, here’s what to consider when the Fed raises interest rates.
4 min read Sep 20, 2023 -
Biggest winners and losers from the Fed’s interest rate decision
While it stood pat this time, the Federal Reserve has raised rates 11 times in this cycle.
6 min read Sep 20, 2023 -
Why are credit card APRs so high?
Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
4 min read Sep 20, 2023 -
How a new credit card can fight against inflation
Prices are rising. A rewards credit card, timed right and used strategically, can help you fight inflation.
3 min read Sep 20, 2023 -
Subprime credit card holders hit hardest by rising interest rates
Why subprime borrowers are vulnerable to rising interest rates, and how to prepare.
5 min read Sep 20, 2023 -
Should you pay off your mortgage before a recession?
Owing money on a house can feel risky, but keep in mind where mortgages rank in the debt hierarchy.
4 min read Sep 20, 2023 -
The Federal Reserve impacts your money in these 6 main ways
Every financial decision you make comes back to the Federal Reserve.
13 min read Sep 18, 2023
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Read more
- Signs of a stock market bubble
- 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