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
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Survey: 31% of Americans expecting a stimulus check say it won’t keep them going a month
Half of Americans say they’ll use their stimulus money to pay bills.
6 min read Apr 08, 2020 -
Unemployment benefits and coronavirus: Here’s who qualifies and how to apply
Even before the virus came along, the system was never the easiest to navigate.
6 min read Apr 08, 2020 -
Survey: Majority of Americans have cut their spending because of coronavirus concerns
Additionally, most investors intentionally left their investments alone as volatility increased.
3 min read Mar 31, 2020 -
Fed drops rates to zero in emergency rate cut due to coronavirus effects
It’s the largest emergency reduction in the Fed’s more than 100-year history.
6 min read Mar 15, 2020 -
Winners and losers from the Fed’s emergency rate cut
Here’s who stands to benefit the most from plunging interest rates.
5 min read Mar 15, 2020 -
Zero interest rates: 5 ways to prepare your finances now
The economy is expected to get rougher, but there are ways to take advantage of declining rates.
4 min read Mar 15, 2020 -
Forecast survey: Expect Fed to slash interest rates near zero in 2020 to battle coronavirus fallout
The fed funds rate could quickly approach zero this year, experts said.
6 min read Mar 12, 2020 -
Here’s how top economists predict the coronavirus will impact the U.S. economy
Predictions range from cautiously optimistic to outright warnings.
4 min read Mar 10, 2020 -
Survey: Coronavirus outbreak has the potential to threaten US economic growth
That’s led the majority of economists to say risks are tilted toward the downside.
7 min read Mar 04, 2020 -
In rare move, Fed issues emergency rate cut to bolster economy from coronavirus
It’s the first emergency move since October 2008, during the Great Recession.
5 min read Mar 03, 2020
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- Americans are feeling recession fatigue
- Economists predict Fed will lift rates to highest since 2001
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- How the Fed battles recessions
- What is stagflation?
- What to expect from the Fed's next meeting