
Recession explained: what the term actually means
Who decides when a recession starts, how long they usually last, and what the word does and does not tell you about your money.
Money News reports developments reaching household accounts directly: policy rate decisions and their effect on mortgages and savings, benefit and tax threshold adjustments, and price movement in essential categories. Each item states the practical consequence in currency. For readers who need to know what changes next month.
Reporting on central bank rate moves, savings and mortgage rate changes, benefit adjustments and price shifts that alter what a household budget absorbs.

Who decides when a recession starts, how long they usually last, and what the word does and does not tell you about your money.

Scoring models keep getting updated, but the inputs barely move. Here's what actually changes, and the habits that hold up either way.

Most money headlines are written to be felt, not used. Here is a working method for deciding what actually changes your budget — and what you can safely ignore.

The same rate that raises your loan payment also raises your savings yield. Here is how both sides work, in plain terms.

Utilization is balances divided by limits, it carries about a third of common credit scores, and 30% is a ceiling — not a target. Here's how the ratio works and…