The meeting, held on 31 July-1 August, was the second meeting for new Bank of England Governor Mark Carney.
Unanimous votes were cast on the vote to hold interest rates at 0.5 per cent and the asset purchase programme at £375bn.
Interest rates have been held at 0.5 per cent since March 2009 and the last asset purchase was made in July 2012.
The committee was also asked to vote on the three factors affecting a future rise.
These were if it is likely inflation will remain 0.5 per cent above its two per cent target for the next 18-24 months, that medium-term inflation is not sufficiently anchored and that monetary inflation poses to a significant threat to financial stability.
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If none of these factors apply then monetary policy will not be changed until unemployment is at seven per cent.
These targets were set out in the forward guidance issued by the bank earlier this month.
Eight members of the committee supported this proposal but member Martin Weale disagreed as he wanted a shorter time horizon for above-target inflation.
Most committee members judged that gauging the impact of the forward guidance was necessary before it could consider an increase in asset purchases.
Next month's meeting will be held on 3-4 September with the decision published on 5 September and minutes published on 18 September.

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