It’s the first Tuesday of the month, and you know what that means – it’s Philip Lowe and Co’s big day… The Reserve Bank Governor and his board will meet and then let us know at 2:30pm if interest rates are staying put, going up again – or, unlikely in this environment, going down… This time around, the pundits are split – of the big 4 banks, CommBank and Westpac think rates have peaked, while ANZ and NAB are tipping at least one more rise before the end of the year. Adding fuel to the speculation were last week’s inflation numbers, which showed that headline inflation was up between March and April, but underlying inflation (the rate when you take out the unusual price spikes) was down. The rates decision also comes as a new survey found that 40% of Aussies are struggling with mortgage repayments, up from 24% a year ago. The crunch is real…