President Biden and House Speaker McCarthy Delivered Positive Comments After the Meeting on Tuesday

House Speaker McCarthy said both sides remain far apart, but that it is possible to get deal done by the end of the week. President Biden and House Speaker McCarthy delivered positive comments as well after the meeting on Tuesday. Just in case they do not reach deal this next week, the US Treasury might have to update their x-day production. Next week we also have the FMC minutes that might reveal the differences in criteria for another rate hike and rate cuts.