RBA's Kohler says the Bank believes inflation peaked in Q4 of 2022

Marion Kohler, is Head of Economic Analysis Department at the Reserve Bank of Australia.

Kohler is appearing before the Senate Select Committee on the Cost of Living along with the RBA's Tom Rosewall, Deputy Head of Economic Analysis Department.

• believes inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term peaked in Q4 of 2022
• fiscal policy not a function of the RBA but the Bank does take it into account

More here:

• Opening Statement to the Senate Select Committee on the Cost of Living

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Q4 2022 inflation was 7.8%. The latest CPI data: