PM 21 Oct 26: Another RBA rate hike on the table?

The Australian share market finished modestly higher as investors await major US tech earnings from Meta and Tesla tonight. RBA Deputy Governor Andrew Hauser's warning of hotter inflation pushed rate hike expectations sharply higher, though volatility remains as markets await next week's inflation data. NextDC was the day's worst performer after slashing profit guidance due to power supply delays at its Melbourne facility.Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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