Borrowers and investors will turn their gaze to Chifley Square for the Reserve Bank of Australia's upcoming cash rate call but those hoping for more rate relief are likely to be disappointed.

The central bank's board is widely tipped to leave the cash rate on hold at 3.6 per cent on Tuesday, after inflation came in hotter than expected in two successive monthly reports.

While the RBA places more weight on quarterly inflation data, which won't be released by the Australian Bureau of Statistics until late October, last week's jump in the consumer price index from 2.8 to 3 per cent ruled out any slim chance of a rate cut, said Westpac chief economist Luci Ellis.

"We nonetheless continue to expect that the RBA will cut the cash rate further over time," said the former central bank economist

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