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    From the ABC live feed:

    Cost of living Senate Select Committee: RBA appearance

    52m ago

    By Emily Stewart

    KEY EVENT

    A Senate inquiry into Cost of Living is underway, with Reserve Bank representatives appearing this morning.

    In an opening statement, Marion Kohler, Head of Economic Analysis, and her Deputy Head Tom Rosewall say the bank thinks the peak in inflation has passed.

    "What we can say is that we think the peak in inflation was at the end of 2022 - at around 8 per cent - and that inflation will begin to ease over the course of this year."


    "What we can say is that we think the peak in inflation was at the end of 2022 - at around 8 per cent - and that inflation will begin to ease over the course of this year."
    Last edited by Vodski: 01/02/23
 
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