Broadbent said yesterday: "If you look at the past six to 12 months, economic growth has been okay and the employment rate good". "I am not ready to do it yet".
Speaking to Aberdeen's local newspaper, the Press and Journal during a visit to the city on Tuesday, Broadbent said that "a lot of imponderables" within the British economy are stopping him voting to increase interest rates at the moment.
In the interview Broadbent suggested that there were too many "imponderables" still hanging over the United Kingdom economy that would make it "very difficult" for the Monetary Policy Committee (MPC) to ascertain whether the economy could support higher interest rates.
There's no guarantee that either Haldane or Broadbent will deliver views on the upcoming MPC, but we can expect the pound to recover from last week's declines should Haldane retain his particularly hawkish view on monetary policy and Broadbent follow suit. Bank of England governor Mark Carney now anticipates that the current elevated level of United Kingdom inflation will prove to be temporary and recede later this year as the impact of sterling weakness and last years higher oil and commodity prices washes out of the data.
'With uncertainty gathering over the Brexit negotiations, the Bank of England's monetary policy committee would need to see a distinct improvement in earnings growth towards 3% and above, to be in a position to raise interest rates'.
Since that vote, speculation has grown that the committee could vote to increase rates from 0.25% back to 0.5% at its next meeting in August.
At its simplest level, the policy dilemma facing Britain's central bank is that it must balance surging inflation brought on by the weakened pound since the referendum, with the slowdown in the economy, dwindling consumer spending and declining inward investment.
However, with inflation now at 2.9 per cent, this means wages are still falling in real terms, keeping the outlook for consumer spending gloomy.
Three out of eight members unexpectedly voted to raise rates to 0.5% from their record low of 0.25% in June due to concerns over soaring inflation.
Michael Saunders and Ian McCafferty, who were among the three officials to vote for a rate rise at the last meeting, have since made their cases for why policy should be tightened. She was replaced by Silvana Tenreyro.
Meanwhile new data on the United Kingdom economy was published this morning, giving Broadbent and the other rate setters more to think about.