Money Mail 159 - An End To The Pain?

Published: June 1, 2023, 7 a.m.

b'The Reserve Bank increased the OCR (Official Cash Rate) for the 12th straight time. It now sits at 5.5%. The Reserve Bank, have forecast out into the future and, at present, the OCR looks to have peaked and will decline from here to be just above 3% in 2026. That will no doubt excite a lot of people. But given that it\'s been so uncertain, it\\u2019s not easy to trust the experts in charge at the moment, is it? The KTC Instagram audience voted on whether this would be the end of OCR increases and 79% said no. Should we trust them?

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