Homeowners hoping for a Cup Day interest rate cut are expected to be left frustrated today with the Reserve Bank expected to keep the cash rate on hold in its November meeting.

This year, the RBA has slashed interest rates from 4.35 per cent to 3.6 per cent and until recently, hopes were high for another cut by the end of 2025.

But stubborn inflation and a relatively steady labour market offer little incentive for the bank to push further ahead after leaving rates on hold in the board's September meeting.

A Finder survey released at the end of October found that the vast majority of experts expected the bank to keep its finger on the pause button in November, and even likely in December.

That's after the consumer price index rose 1.3 per cent in the September quarter, according

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