* Russia seems solve clash with Wagner’s paramilitary force
* Central banks should keep rates higher for longer, said IMF chief
* The banking crisis is not over – inflation is a key driver, advise head of BIS
* Still premature recession forecasts, said economist at Renaissance Macro, but…
* HSBC predicts that the recession in the United States begin in the fourth quarter
* Major banking reforms advance in Congress
* Japanese government buy semiconductor materials giant for $6.3 billion
* Digital Asset Entries to go up after depositing BlackRock’s bitcoin ETF:
Tight housing supply pushes up housing construction inventories, advise Citigroup analysts. Tight supply “could provide multi-year tailwinds for builders,” according to research from analysts at the bank. Kathy Bostjancic, Chief Economist for Nationwide Mutual, said the housing market is not cooling as much as expected. The recent upturn in housebuilding “tells us something about the direction the economy is heading, so (the latest rebound in house prices) suggests things are potentially looking up.”
