Hawaiian Electric Punches Local Residents in the Stomach

Yesterday we were all disappointed to learn soaring consumer prices aren't falling as quickly as predicted. Inflation in August remained near 40-year highs, although forecasts suggested a sharper decline. Millions of Americans are further squeezed and continue to struggle to cover basic costs like food, gas and rent. President Biden and the Fed continue to … Continue reading Hawaiian Electric Punches Local Residents in the Stomach

Federal Reserve DANGEROUS to Increase Interest Rates

The Federal Reserve is getting ready to raise interest rates, the central bank said in its monetary policy update Wednesday. For now, the Fed plans to keep rates near zero. "With inflation well above 2% and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the … Continue reading Federal Reserve DANGEROUS to Increase Interest Rates