The Deadly Wildfires devastating maui has now killed at least 36 people. Their bodies discovered in the ruins of the raging inferno. Officials held a News Conference just a short time ago. Primary focus is to save lives. Prevent Human Suffering and mitigate property loss. That is what the counties were and are doing. What we do anticipate is additional requests and were already providing support for trying to get the communications back up, water distribution. Were hearing they may need more Law Enforcement official for federal and state Law Enforcement. So were working through that. The damage to the infrastructure, it is not just buildings, i mean these were Small Businesses that invested in maui. These were local residents and we need to figure out a way to help a lot of people in the next several years. School was destroyed. Many of the businesses, a church was destroyed. It will take years. Devastation was most serious in the town of lahaina, a tourist and economic hub with 9,000
The fed because that of course is what the fed has control over. we know energy prices have been falling and that helps in terms headline inflation, but they have sort of ticked back up. what areas do you see perhaps ticking back up or remaining stubbornly high? energy index won t matter a huge report for this, but it will matter a lot for the august report. there is a good chance that will keep inflation elevated last month. so that is the thing to watch. i think used cars are actually really interesting right now. they have been cooling inflation down for a while. if you talk to dealers and people in the industry, they are not sure how long that can last. and i think airfares and hotels which are in this sort of revenge spending, i think that will be interesting. mr. talk to me talk to me about the debate at the fed about whether more