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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

What happens to mortgage rate during a recession?
Here’s what we know from past cycle turns.
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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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Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
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Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
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Here are five of the best inflation hedges to help protect your portfolio against inflation.
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And if so, how low can they go?
Donald Trump sitting at a desk in the Oval Office.
Tariffs are an import tax on foreign-made goods, and they act like a sales tax.
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Certificates of deposit offer peace of mind, but they’re not without some drawbacks.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
A woman works on her laptop.
Here’s everything you need to know about savings accounts.
Illustration of Fed Chair Jerome Powell with a now hiring sign in the background.
The U.S. may dodge a recession, but experts aren’t denying it: Something feels off.
Person folds his hands in front of their face
A bank may deny you a checking account. Here is what you can do next.
Young Man Sitting On Wheelchair Using Laptop
Opening a money market account involves just a few simple steps and it can really pay off.
In 2024, three Federal Reserve rate cuts spurred declining yields on many deposit accounts, although savers were able to benefit from locking in strong yields on certificates of deposit (CDs). While the [...]
A music CD underneath a piggy bank
You can find a CD account that significantly out-earns the national average if you shop around among banks.
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Credit card interest rate drops will likely provide little relief in 2026.
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.
A Black couple talk to a salesperson at a car dealership.
Auto rates will likely not decrease this year. Consider how to still save.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
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The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
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