The Bank of England's monetary policy committee voted to keep interest rates unchanged at 4.25%, as expected, in their June meeting on Thursday.
A majority of six votes to three saw the Bank Rate held steady, which led to financial traders adding to bets that the next meeting, in August, will see rates cut.
The market was implying an 80% chance of an August rate cut, up from around 60% earlier in the week.
Minutes from the MPC meeting showed that committee members Swati Dhingra, Dave Ramsden and Alan Taylor voted to cut rates by 0.25 percentage points to 4%, the same three that have voted against the tide before, including a similar 6-3 hold vote in December that was followed by a cut in January.
The MPC said in a statement that it "will remain sensitive to heightened unpredictability in the economic and geopolitical environment" but said "recent global developments had not had a significant impact" on this meeting’s decision.
However, it was noted that global uncertainty "remains elevated" and the escalated Middle East conflict has increased energy prices, while trade policy uncertainty will continue to hurt the UK economy.
The provisional staff analysis suggests the direct impact of US tariffs on global GDP could be smaller than expected last month, with BoE staff forecasts suggesting the UK economy will grow around 0.25% in the second quarter compared to the first. This was an increase from the forecast alongside May's meeting for just 0.1% growth in gross domestic product.