Liam Dann: Can artificial intelligence tell us if inflation has peaked?

To get to the other side of the inflation rate!” ChatGPT replied. The tradable inflation rate (the international stuff) was muddied by an exceptionally large spike in airfares which wiped out the gains from lower petrol prices. Like the ASB economists, I’m still leaning towards the Reserve Bank doing just that, with a final 75 basis-point hike next month. The Reserve Bank under Governor Adrian Orr has yanked rates up again. Photo / Mark Mitchell, Herald montageI’m conflicted of course, and have previously written about concerns that the Reserve Bank could overdo the hikes and damage the economy.