Even with wages rising, the economy will continue to see spending levels curb, says JP Morgan Global Markets Strategist Kerry Craig. 'That's what the RBA wants to see, that's why they increase rates,' Mr Craig told Sky News Australia. 'However, it is all about whether they do too much at this point.'

https://www.theaustralian.com.au/business/reserve-bank-at-risk-of-doing-too-much-to-curb-spending/video/565911fb9f73bb5056e619e64371c945

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