Bank of America Global Research previews the June BoE meeting on Thursday.

"We expect the MPC to vote 7-2 for a hold, with Pill and Greene voting for a hike. Pill voted for a hike in April while Greene has recently argued that the case for hikes is growing and noted that risk of acting is less severe than that of failing to act," BofA notes.

"We think there are risks for a 6-3 with potentially Mann (or Lombardelli) voting for a hike, though the guidance from her has been less explicit. Mann's paragraph was hawkish in April where she said she expected greater additional second round effects than in the scenarios and continued rising inflation outturns/expectations can tilt her to a hike. But she has also pointed to tighter financial conditions," BofA adds.