Truist beats quarterly profit estimates on investment banking gains
(Reuters) – Truist Financial (NYSE:TFC) on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking and trading activity as capital markets strengthened. A resilient economy, declining interest rates and expectations of relaxed regulations under the Trump administration
Euro-zone services inflation expected to drop in 2025, Capital Economics says
On Friday, new data confirmed that euro-zone headline inflation experienced a slight increase from 2.2% in November to 2.4% in December, while the core rate remained steady at 2.7%. Services inflation saw a marginal rise from 3.9% to 4.0%. Despite the
