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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The budget deficit, explained — and how to prepare for a rising tax burden down the road
The financial practice of spending less than you make doesn’t apply to the federal government.
6 min read Sep 18, 2020 -
Fed decision: Interest rates held steady, sees rates at zero through at least 2023
Expect this lower-for-longer interest rate environment to persist until the economy is back on track.
7 min read Sep 16, 2020 -
Second stimulus check: How much money could you get?
The plan includes direct aid to taxpayers: $1,200 to individuals and $500 per child and dependent adult.
3 min read Sep 16, 2020 -
Here’s what a Trump or Biden presidency would mean for banking
Either way you look at it, there’s going to be some whiplash — possibly weighing on consumers’ wallets.
8 min read Sep 16, 2020 -
When will the U.S. economy get back on track following coronavirus shock? Watch for these 5 signs
The return to normalcy could happen later — rather than sooner.
9 min read Sep 15, 2020 -
How to protect your money from rate decreases with a CD
The Fed’s recent actions may force savers to start thinking differently about their money.
2 min read Sep 14, 2020 -
Ask Bankrate: How can savers stay ahead of inflation?
A reader asks how people living on fixed income can beat inflation.
4 min read Sep 11, 2020 -
Why the coronavirus crisis could cause a double-dip recession — and how to prepare for one
Some forecasts suggest a resurgence in coronavirus cases could tip the financial system over again.
7 min read Sep 10, 2020 -
Here’s how Americans say their finances have changed since Trump took office
Plus, Americans are also split over which presidential ticket will be better for their wallet.
5 min read Sep 08, 2020 -
The state and local budget crisis is here — and your finances could take a big hit
Accounting for nearly a tenth of the U.S. economy, cutbacks could weigh down the recovery.
8 min read Sep 04, 2020
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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