Bank of England minutes can be read either way

With inflation at 0% and polling day looming, the monetary policy committee's last meeting was suitably enigmatic

The Bank of England went into self-imposed purdah when the election was called in late March, so the release of the minutes of the April meeting of the monetary policy committee provides the first hint of current thinking inside Threadneedle Street for some weeks.

The message from the minutes is modestly hawkish. Sure, the vote to leave borrowing costs at 0.5% was unanimous. True, there is no immediate prospect of interest rates being raised after polling day and for some months thereafter.

Related: Bank of England decision to keep 0.5% interest rate was unanimous