Rob Carnell of ING says divergent views on the U.K. economy were evident in the latest policy vote, but August may have more data to allow for a hike.
Vishnu Varathan of Mizuho Bank says September or November could see the Bank of England hike interest rates.
European markets closed lower on average Thursday afternoon amid growing tensions in the oil market.
Jeremy Stretch, head of G10 FX strategy at CIBC Capital Markets, discusses the Bank of England's latest policy decision.
The central bank's Monetary Policy Committee held rates at their current 0.5 percent level, amid falling inflation and lackluster growth data.
The dollar steadied against a basket of currencies as risk aversion sparked by concerns over a U.S.-China trade feud ebbed.
Consumer price inflation held at an annual rate of 2.4 percent in May, its joint-lowest since March 2017.
European markets closed lower Thursday, as investors continued to weigh the chance of higher interest rates.
Broadbent had said that years of poor productivity and weak wage growth meant Britain was going through a "menopausal" moment.
Antonio Fatas of INSEAD says Bank of England Governor Mark Carney is faced by uncertainty around the future of the global economy and Brexit.
Gold was up for the week due to under-performing U.S. consumer price data as investors brushed off tensions between the U.S. and Iran.
Markus Schomer of PineBridge Investments says his confidence in the Bank of England's willingness and ability to raise rates this year is "diminished."
Steven Englander of Rafiki Capital Management says central bankers today are concerned about taking actions that could "endanger" growth.
The Bank of England (BOE) held interest rates steady on Thursday, after a first-quarter slowdown in economic growth tarnished the case for higher borrowing costs.
Mark Carney addressed a press conference following the U.K. central bank's decision to leave interest rates unchanged.
The dollar hit its highest level against a basket of currencies so far in 2018.
Huw Van Steenis is a former Schroders and Morgan Stanley banking analyst.
The euro weakened below $1.23 on Friday and is poised for its biggest weekly drop in two months
The dollar rose against the yen on Tuesday after Chinese President Xi Jinping's promise to cut import tariffs eased concerns about a trade conflict.
As the demand for cryptocurrency grows, global regulators are divided on the best way to police them.