JPMorgan Economist Says RBA Between a Rock and Hard Place

The video discusses the challenges faced by the economy, focusing on the housing market, commodity prices, and financial stability. It highlights the RBA's position on inflation and unemployment, the unsustainable rise in commodity prices, and the impact of property prices on financial stability. The discussion includes potential policy responses and the broader economic outlook.

What are the concerns regarding property prices in Sydney, and how might they affect financial stability?

In what ways do household balance sheets influence the economic outlook and policy decisions?