UBS Warns of Further RBA Rate Hikes Amid Inflation Pressures

The Reserve Bank of Australia (RBA) may consider further monetary tightening as inflation pressures intensify, according to UBS.

This comes as oil prices remain elevated due to Middle East tensions and strong global spending on artificial intelligence adds another layer to inflation concerns.

Bank of Queensland, a regional banking group with exposure to Australian households and businesses, remains closely tied to changes in borrowing costs and economic activity.