Bank of England upbeat on euro zone, eyes inflation pressures: minutes

April 22, 2015 12:35 PM

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Bank of England upbeat on euro zone, eyes inflation pressures: minutes

LONDON (Reuters) - Bank of England policymakers struck a more bullish tone on the euro zone and the prospects for higher inflation in their latest set of policy minutes on Wednesday, pushing sterling higher, though a rate rise still appears some way off.

Two policymakers said their decision to keep rates at 0.5 percent was again "finely balanced" -- suggesting they may soon vote for a rate rise -- and others cited factors that may cause record-low inflation to pick up faster than expected next year.

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