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Evening Standard
Evening Standard
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Jack Kessler

OPINION - Inflation: Is the worst finally over?

I can picture it so clearly – the words adorning a fridge magnet in my grandmother’s kitchen on Long Island, New York. You may know it as the Serenity Prayer:

This image of endless summer holidays came to me as I was reading, of all things, a tweet from Jeremy Hunt. The chancellor greeted news that July’s inflation figures had slowed to 6.8 per cent, its lowest level since February last year, by taking credit: “The decisive action we’ve taken to tackle inflation is working... we must stick to the plan.” Is this true?

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