The call for additional stimulus by Bank of England chief Mervyn King was overturned by other policymakers for the fourth consecutive month, minutes showed Wednesday.
As seen in previous months, King, Paul Fisher and David Miles sought an increase in quantitative easing by GBP 25 billion to GBP 400 billion.
But most members said the effects of the previous round of asset purchases were still coming through and, together with the extended Funding for Lending Scheme, should continue to boost activity.
The nine-member Monetary Policy Committee unanimously decided to maintain the record low 0.50 percent interest rate.
The MPC assessed inflation to rise a little further in the short run and remain above the 2 percent target for a further two years.
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