Borrowers will have to wait until February for more mortgage relief with the central bank unlikely to interrupt their summer break and cut the cash rate on Tuesday, economists say.

Economists said no cataclysmic financial event had occurred since the Reserve Bank of Australia's last monthly meeting on December 2 to warrant an unscheduled board gathering on the first Tuesday of the month.

The central bank cut the cash rate by one percentage point to 4.25% in December.

The Age