Could Social Security Bail You Out If a Recession Hits in 2023?

Could Social Security Bail You Out If a Recession Hits in 2023?

Will a recession hit in 2023? The Federal Reserve has been raising interest rates for months in an attempt to slow the pace of inflation. As a general rule, it's a good idea to have money set aside in an emergency fund in case you lose your job -- during a recession or otherwise.