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AAP
AAP
Business
Poppy Johnston

Rate-cut hopes hit brick wall as RBA cements stance

The odds are stacked against people with home loans getting relief from interest rate cuts in 20024. (Alan Porritt/AAP PHOTOS)

Mortgage-holders could be waiting until early 2025 for repayment relief if the economy follows the Reserve Bank of Australia's expected path.

For six meetings in a row, interest rates have been left at 4.35 per cent, a level the central bank says is high enough to slow the economy down and bring inflation back to its two-three per cent target.

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