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Bank of England Governor Andrew Bailey speaks during the central bank's Monetary Policy Report press conference at the Bank of England, in London, Thursday, Nov. 7, 2024. (Henry Nicholls/Pool Photo via AP)

Bank of England Governor Andrew Bailey speaks during the central bank's Monetary Policy Report press conference at the Bank of England, in London, Thursday, Nov. 7, 2024. (Henry Nicholls/Pool Photo via AP)

People hold umbrellas as they walk in front of the Bank of England, at the start of a week that is set to see the temperatures drop, in London, Monday, Nov. 18, 2024. (AP Photo/Alberto Pezzali)

People hold umbrellas as they walk in front of the Bank of England, at the start of a week that is set to see the temperatures drop, in London, Monday, Nov. 18, 2024. (AP Photo/Alberto Pezzali)