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.