Amy Morris

Launch preparations are underway for the Artemis II mission.

The lunar fly-around will be the first moon trip in 53 years.

Democratic Senator and former astronaut Mark Kelly says NASA's programs create billions for the U.S.

economy.

The four-person crew will travel several thousand miles beyond the moon, hang a U-turn, then come straight back.

The whole trip should take less than 10 days.

Liftoff is set for 624 Eastern Time tonight.

St.

Louis Fed President Alberto Musalem says risks are rising to both inflation and employment and officials should be prepared to adjust interest rates in either direction depending on what happens with the economy.

Moussalam says he supported the central bank's decisions to hold interest rates steady so far this year with a base case of stable unemployment, economy growth close to potential, and underlying inflation declining toward 2% later this year.

And Fed Governor Michael Barr says the longer the conflict goes in Iran, the greater risk of an impact on both U.S.

growth and inflation.

He spoke at an event hosted by the National Fair Housing Alliance.

That's news when you want it with Bloomberg News Now.

I'm Amy Morris and this is Bloomberg.

And I'm Alexis Christophorus.

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