Every couple of months for the last few years I have written a “Where are we now” series. You can find the last series, written in the middle of last year, here.  A quick recap on where we were then in June 2022: The economy was rebounding. Although they benefited greatly from government support, some households and firms were severely damaged from the experience of Covid. We do not have good data on the social or economic effects of Covid yet. The economy was close to its capacity in terms of housing and health because of rapid population growth and…

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