Images can be floating or inline. Here is the help text from PAges Help
An object is any item you place on a page. Photos, shapes, charts and text boxes are examples of objects.
An object must be “anchored” to one of the following:
- A specific location on the page. Adding text or other objects doesn’t affect the object’s position.
- Specific text. The object moves with its associated text.
You can easily change how an object is anchored and specify how text wraps around objects. You can even place an object inline with text so that its bottom edge sits on the text baseline.
- Select the object.
- In the Arrange pane of the Format inspector, click an option in the Object Placement section:
- Stay on Page: The object stays in a fixed location. You can drag the object wherever you like on the page, and it stays there regardless of text flowing around it.
- Move with Text: The object maintains its position in relation to the text it’s anchored to.If the document is set to show invisibles, you see a marker
in the text where the object is anchored.
- Select the object.
- In the Arrange pane of the Format inspector, choose an option from the Text Wrap pop-up menu:
- Automatic: The object uses whichever text wrap option seems most appropriate for the object’s placement in relation to the page and surrounding text.
- Around: Text flows on all sides of the object.
- Above and Below: Text flows above and below the object, but not on the sides.
- Inline with Text: The object sits on the baseline of the text and moves with the text. If you can’t see this option, make sure Move with Text is selected.
- None: The object doesn’t affect the flow of text.
- If the object isn’t rectangular and you want the text to follow the object’s outline, click the Text Fit button on the right.
- To change the amount of space between the text and the object, adjust the value in the Spacing field.
- If the object has an alpha channel (transparency), you can make text show through the transparent area by adjusting the value in the Alpha field.