Bank of England Governor Andrew Bailey attends 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 applauds 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 Deputy Governor, Markets and Banking, Dave Ramsden gestures 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)

CAPE TOWN, SOUTH AFRICA - NOVEMBER 07: Prince William, Prince of Wales laughs with business representatives during a visit to meet seaweed businesses from the region to celebrate local innovation and to learn about the potential for it to repair and regenerate the planet at Portside Tower on November 07, 2024 in Cape Town, South Africa. During his visit, The Prince of Wales attended the fourth annual Earthshot Prize Awards and engaged in various environmental initiatives and participated in events held in Cape Town as part of 'Earthshot Week'. (Photo by Chris Jackson - Pool/Getty Images)

CAPE TOWN, SOUTH AFRICA - NOVEMBER 07: Prince William, Prince of Wales speaks with business representatives during a visit to meet seaweed businesses from the region to celebrate local innovation and to learn about the potential for it to repair and regenerate the planet at Portside Tower on November 07, 2024 in Cape Town, South Africa. During his visit, The Prince of Wales attended the fourth annual Earthshot Prize Awards and engaged in various environmental initiatives and participated in events held in Cape Town as part of 'Earthshot Week'. (Photo by Chris Jackson - Pool/Getty Images)

CAPE TOWN, SOUTH AFRICA - NOVEMBER 07: Prince William, Prince of Wales speaks with business representatives during a visit to meet seaweed businesses from the region to celebrate local innovation and to learn about the potential for it to repair and regenerate the planet at Portside Tower on November 07, 2024 in Cape Town, South Africa. During his visit, The Prince of Wales attended the fourth annual Earthshot Prize Awards and engaged in various environmental initiatives and participated in events held in Cape Town as part of 'Earthshot Week'. (Photo by Chris Jackson - Pool/Getty Images)

CAPE TOWN, SOUTH AFRICA - NOVEMBER 07: Prince William, Prince of Wales speaks with business representatives during a visit to meet seaweed businesses from the region to celebrate local innovation and to learn about the potential for it to repair and regenerate the planet at Portside Tower on November 07, 2024 in Cape Town, South Africa. During his visit, The Prince of Wales attended the fourth annual Earthshot Prize Awards and engaged in various environmental initiatives and participated in events held in Cape Town as part of 'Earthshot Week'. (Photo by Chris Jackson - Pool/Getty Images)

CAPE TOWN, SOUTH AFRICA - NOVEMBER 07: Prince William, Prince of Wales speaks with a business representative during a visit to meet seaweed businesses from the region to celebrate local innovation and to learn about the potential for it to repair and regenerate the planet at Portside Tower on November 07, 2024 in Cape Town, South Africa. During his visit, The Prince of Wales attended the fourth annual Earthshot Prize Awards and engaged in various environmental initiatives and participated in events held in Cape Town as part of 'Earthshot Week'. (Photo by Chris Jackson - Pool/Getty Images)