The bank also revised its forecast for wage growth down to -0.25 percent for the year.
But Carney has now said we have to have "confidence that real wages are going to grow sustainably (before rates go up). "We don't have to wait for the fact of that turn to do so," he said in an interview with the Sunday Times.
Sterling was the main mover on the major currency on Monday after Carney's comments, gaining around 0.3 percent against the dollar trading at around $1.67, recovering from multi month lows.
Read MoreBoE eyes wage growth in rate hike riddle
Economists were split on rate rise expectations ahead of last week's press conference, but many felt a November rate hike was less likely following last week's report.
Deputy CIO and managing director at bond house Pimco said the outlook was lacking clarity as previously Carney had gone out of his way to talk up the possibility of a hike this year, but he seemed to push back on that in the press conference last week.
"Our best guess is that they will probably go in February, but given the back and forth I wouldn't be ruling out they go in November," he told CNBC.
Chief executive of U.K. Homebuilder Bovis said interest rate rises are "inevitable" in the current environment after the firm reported stellar growth for the first half of the year.
Read MoreProperty: The greatest risk to the UK economy?