I believe the cash rate is currently 4.1%.
Below from RateCity a few days ago. Indicates the major banks predict up to an additional 2 X 25 basis points rises (by August), followed by a reduction in 2024.
So it seems the big banks are suggesting we will get a 25 basis point increase in July unfortunately.
I'd rather they just get it over and done with the next 2 months and then give people some certainty after that - of flat to falling rates.
I believe the cash rate is currently 4.1%.Below from RateCity a...
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