The UK economy's mixed data for August suggests stability despite high-interest rates, with GDP growth remaining modest and construction showing unexpected resilience.
The Bank of England may feel reassured by the less-than-expected rise in default rates, reflecting a degree of financial stability despite inflation risks looming.
Concerns about energy prices due to Middle Eastern conflicts highlight the delicate balance the Bank of England must maintain as it navigates inflationary pressures.
The economic growth in the UK is not as robust as previous quarters, prompting a careful consideration of interest rates amidst rising inflation risks.
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