A mere matter of weeks ago, experts were expecting an early Christmas present from the RBA.

Now, it's just as likely that Michele Bullock and her board instead decide to play the part of the Grinch.

Following yesterday's widely expected hold , economists are uncertain about whether the cash rate will deviate from its current level of 3.60 per cent before the end of the year – something that had recently seemed likely.

Today, Commonwealth Bank pushed back its forecast for a cut.

Having previously tipped more relief to be handed down in November, it's now not expecting any change until next February.

"It's no surprise CBA has run the ruler through the chance of another rate cut this year," Canstar data insights director Sally Tindall said.

"While borrowers are hoping

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