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The Fed gets aggressive on inflation

1 big thing
1 big thing
Episode • Jun 16, 2022 • 11m

Interest rates are going up. In the most aggressive rate hike since 1994, the Federal Reserve yesterday agreed to raise interest rates three quarters of a percentage point. And Fed officials gave some indication of what they’re expecting for our economy for the rest of the year.

  • Plus, the Biden administration’s order to protect LGBTQ rights
  • And, an FDA panel endorses vaccines for our youngest children

Guests: Axios' Neil Irwin and Orion Rummler, reporter at the 19th.

Credits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Nuria Marquez Martinez, Lydia McMullen-Laird and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.

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