The Australian share market is set to open higher, following gains on Wall Street.Meanwhile, the price of oil drops following ceasefire comments from US officials.Follow the day's financial news and insights from our specialist business reporters on our live blog.Disclaimer: this blog is not intended as investment advice.Prices current at 7:00 AESTThe Reserve Bank has lifted the cash rate by another 0.25 percentage points, taking it back to 4.35 per cent, its post-COVID peak.For households on variable-rate mortgages, that means repayments could soon rise again, depending on how much of the increase your bank decides to pass on.The ABC's mortgage repayment calculator lets you plug in your loan size, interest rate and remaining term to estimate how much extra you could be paying each month.The figure is only a guide Intel shares surged 14% after Bloomberg reported that Apple might use the chipmaker as well as South Korea's Samsung Electronics to build device chips in the US.The S&P 500 advanced 0.8%, while the Dow Jones Industrial Average added 0.7% and the Nasdaq Composite climbed 1.3%.The Aussie dollar went up when the Reserve Bank increased interest rates, but not very much because it was almost fully expected.Here is last night's finance report with Alan Kohler:Yesterday was a big day with another rate hike announced by the Reserve Bank.If you're after a recap, as well as what this means for mortgage holders, inflation, and what happens next, here is yesterday's ABC Business Daily podcast with Carrington Clarke and Michael Janda.Good morning, and welcome to the ABC's finance blog