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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.
Learn more

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.

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Chief Financial Analyst

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Principal U.S. Economy Reporter

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Senior Economic Analyst

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Understanding mortgage rate movements could save you money.
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The August jobs slowdown sets the stage for a Fed cut and brought mortgage rates to their lowest levels of the year.
Home and a money bag balancing on a scale
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Compare the best high-yield savings rates as of September 9, 2025.
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We look back at how banks handled rate cuts in 2024, and what to expect in 2025.
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Compare the best high-yield savings rates as of September 8, 2025.
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These CD specials help you earn more money on interest without taking on risk.
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Single people and young families tend to have significantly less saved.
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As the old saying goes: “Everything is bigger in Texas.” And that’s also true of your list of options when choosing a bank or credit union in the state.
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Managing your finances and choosing the right bank can be daunting, especially in a state as big and diverse as Florida.
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California is a large state, and so are your list of options when it comes to banking in the Golden State. With so many options available, it can be tough to find the right fit. But don’t worry, we’ve [...]
Homes in Charleston
Understanding mortgage rate movements could save you money.
Woman reaching in to the air for cash
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Fed rate hike to curb inflation, wooden block with FED and up-down arrows icon. Central banking system and interest rate changes.
We look back at how banks handled rate cuts in 2024, and what to expect in 2025.
Classic style new home exterior view with front porch and front door entrance.
The August jobs slowdown sets the stage for a Fed cut and brought mortgage rates to their lowest levels of the year.
Home and a money bag balancing on a scale
With a big Federal Reserve decision on the horizon, does it make sense to refinance your mortgage now, or wait?
The Federal Reserve Building in downtown Washington DC, USA at night.
The Fed continues to signal lowering rates later this month. Here’s how to prepare.
A downward facing red arrow "crashing" trough a shattering $100 bill.
Worried that your high-yield savings APY isn’t so high? Here’s how to stay on top.
Artistic sketch of a businessman on a suspended platform looking down as the platform morphs into a downward arrow with a '%' symbol on its side.
As the Fed hints at lowering interest rates, here’s how to prepare when rates fall.
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