Fed raises interest rates, signals further tightening ahead

WASHINGTON >> The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new U.S. central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration’s inability so far to control inflation.
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A series of south-southwest and south swells will continue across Maui through tonight. Surf along south-facing shores is expected to become more consistent as conditions develop. This forecast is for September 17, 2026.
FROM THE PUBLISHER
Honolulu Police Department District 4 patrol officers initiated an attempted murder in the second degree case following an incident in the area of a church in Kahaluu.
FROM THE PUBLISHER
Bank of Hawaii will be reopening its Princeville Branch on Friday with modified hours of 9 a.m. to 4 p.m. The branch had been closed due to the impacts of Hurricane Lowell on Sept. 7.