Ed Kalecki

Checking markets, the Dow is up one-tenth of one percent.

NASDAQ is up six-tenths of one percent.

The S&P up four-tenths of one percent.

The 10-year Treasury yield is at 4.07 percent.

The two-year at 3.46 percent.

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

I'm Ed Kalecki.

This is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Ed Kalecki.

Federal Reserve officials signaled renewed worries over inflation with several policymakers suggesting the central bank may need to raise interest rates if inflation stays above their goal.

Here's Bloomberg's Mike McKee.

Minutes of the Federal Open Market Committee's January 27th and 28th meeting released Wednesday also revealed that a vast majority of participants judged that downside risks to employment had moderated in recent months, while the risk of more persistent inflation remained.

The FOMC voted 10-2 at the meeting to hold the benchmark federal funds rate in a range of 3.5% to 3.75%.

Billionaire retail tycoon Leslie Wexner told a U.S.

House panel Wednesday that he visited disgraced financier Jeffrey Epstein's private Caribbean island but said he wasn't aware of Epstein's sex trafficking operation at the time.

Wexner said he visited the island once with his wife and children for a few hours.

while the family was in the area on their boat.

This according to an opening statement Wexner made in a deposition to congressional investigators that was provided to Bloomberg News by his attorney.

The House Oversight Committee has been investigating what role Epstein's broad network of connections may have played in facilitating his enterprise or delaying criminal prosecution.