BoC hikes by 25bps, more to follow? - ANZ

Analysts at ANZ explained that the Bank of Canada hiked rates by 25bps due to the stronger run of data to finish the year. 

Key Quotes:

"It maintained the view that it will be “cautious” on further rate adjustments while added “the economic outlook is expected to warrant higher interest rates over time, some continued monetary policy accommodation will likely be needed to keep the economy operating close to potential and inflation on target."