Fed signals more rate hikes as economy improves
The Federal Reserve projects additional gradual increases in the federal funds rate, with one more hike this year and three in 2018, while beginning bond holdings reduction. Payrolls rose 222,000 in June, supporting a path to higher rates and inflation near 2 percent.
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Sessions visits Guantanamo Bay to show support for detention facility
Attorney General Jeff Sessions visited Guantanamo Bay on Friday with Rod Rosenstein and Dan Coats to gain an up to date understanding of operations. He defended the prison as a perfectly acceptable place to detain new terrorism suspects while contrasting with civilian trials.
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U S considers severe options over North Korea threat
President Trump says a pre emptive strike is among severe options though unlikely and risks a wider war. Officials warn surgical strikes may fail to stop North Korea and invite swift retaliation. South Korea and Japan urge maximum pressure while Pyongyang touts its missile capability.
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