Pedestrians pass the Bank of England (L), Britain's central Bank, in London, on November 7, 2024. The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low. The BoE trimmed borrowing costs by 25 basis points to 4.75 percent at a regular policy meeting, its second reduction since August. The US Federal Reserve is set to cut rates later in the day. (Photo by HENRY NICHOLLS / AFP) (Photo by HENRY NICHOLLS/AFP via Getty Images)