The Fed hikes interest rates for the 11th time

The Fed hiked interest rates by 0.25% on Wednesday, bringing them to the highest level in 22 years. Fed economists also said that given the recent resilience of the economy, they are no longer forecasting a recession.

Plus, what more AI means for low-wage work.

And, singer-songwriter Sinead O’Connor dead at age 56.

Guests: Axios' Courtenay Brown and Emily Peck.
Credits: Axios Today is produced by Felix Salmon, Alexandra Botti, Fonda Mwangi, 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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