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Bank of England Pauses Rate Hike But Signals Future Increases As Inflation Cools

  • Fed maintains rates, influencing Bank of England's decision to pause hikes.
  • Lower-than-expected inflation last month contributed to BOE's decision.
  • BOE signals potential rate hikes in the near future as inflation remains a concern.
  • Bank stocks like Truist Financial may benefit from future rate hikes.
  • Crypto falls initially after Fed decision but range-bound trading likely until clearer trends emerge.
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