Nasdaq Futures Climb on Blowout Palantir Results

Atlanta Fed President Raphael Bostic said on Monday, “We have so much momentum in the U.S. economy that the Fed needs to keep the policy rate in a mildly restrictive stance,” adding that he does not project any rate cuts in 2026.Following the manufacturing data, traders slightly pared expectations for Fed rate cuts. U.S. rate futures have priced in a 91.0% probability of no rate change and a 9.0% chance of a 25 basis point rate cut at the next central bank meeting in March. The next rate cut is expected to ...