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US Growth Is Looking Sickly as Fed Keeps Hiking Rates: Eco Week

  • Rate decision outcome will dominate global financial markets
  • Euro-zone price and GDP due; China’s Politburo might meet
A shopper enters a store in Walnut Creek, California.

A shopper enters a store in Walnut Creek, California.

Photographer: David Paul Morris/Bloomberg
Updated on

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The world’s largest economy remained in a precarious position in the second quarter, a government report is projected to show, adding to mounting recessionary angst just as the Federal Reserve leans in harder against inflation.