Aloha Rentals’ merchandise will be sold at an auction Tuesday in Honolulu.

A preview of the items available can be seen from 8 to 10 a.m. at 1365 Colburn St. The auction will start at 10 a.m.

Aloha Rentals, which closed in January after the owner was unable to sell the business, had been in operation since 1965.

Among the auction items are a 2005 Chevy Express cargo “cube” truck, a 2006 Chevy cube truck and a GMC cargo van. Also available will be tents and canopies; tables and chairs; concession equipment; tableware; stages and risers; wedding accessories; and more.

For more information, go to mcclainsultimateattic.com/ upcoming-auctions, call McClain’s at 782-9922 or email mcclainsultimateattic@yahoo.com.

Fed tracking inflation slowdown, Yellen says

WASHINGTON >> Federal Reserve Chairwoman Janet Yellen raised the possibility Wednesday that the Fed would consider slowing the pace of its interest rate increases if inflation remained persistently below its target level.

For the moment, Yellen signaled no change in policy, indicating that the three rate hikes since December likely will be followed by one more hike this year. She also said the Fed wants to begin gradually trimming its massive $4.5 trillion in bond holdings later this year, a move that will also put upward pressure on interest rates.

But Wall Street investors took heart from her slightly more cautious view of a recent puzzling slowdown in inflation, believing it could signal that the Fed might be willing to put further rate hikes on pause.

The Fed’s key policy rate, the federal funds rate, currently stands in a range of 1 percent to 1.25 percent. The last three increases occurred in December, March and June. Many analysts believe the Fed will raise rates one more time this year, either in September or December.

Apple to open data center in China

SAN FRANCISCO >> Apple will open a data center in mainland China with ties to the country’s government, raising concerns about the security of iCloud accounts that store personal information transferred from iPhones, iPads and Mac computers there.

The data center announced Wednesday will be located in the Guizhou province and run by a company owned by the Chinese government. Apple is teaming up with the company, Guizhou-Cloud Big Data, to comply with a new Chinese law requiring data-storage providers keep the information of mainland China customers on computers located within the country.

ON THE MOVE

‘Ekahi Health System has announced the following two appointments for the ‘Ekahi Ornish Lifestyle Medicine program:

>> Juliet Nazareth is the new nurse case manager. She was previously a home health nurse case manager whose duties included supervising home health aides and developing plans to meet patients’ needs. Nazareth is also a registered nurse.

>> Lillian Gallagher is the program’s new exercise physiologist. Prior to joining ‘Ekahi Health System, Gallagher served as a health educator for the Army Wellness Center and was a personal trainer at Honolulu Club. She is also a certified health coach.

Bank of Hawaii has announced that Jennifer Gershman has been promoted to vice president and executive loan officer from senior residential lending officer at the Downtown Residential Lending Center in Honolulu. She was previously a vice president and manager at Citibank’s Brentwood, Calif., branch for five years before returning to Bank of Hawaii in 2013. Gershman has 15 years of banking experience, including serving as branch manager of Bank of Hawaii’s Star Market Moiliili and Manoa branches from 2005 through 2007.