* Russia appears to resolve stand-off with Wagner paramilitary force
* Central banks should keep rates higher for longer, says IMF chief
* Banking crisis isn’t over — inflation is key factor, advises head of BIS
* Recession forecasts still premature, says economist at Renaissance Macro, but…
* HSBC predicts US recession will start in the fourth quarter
* Major banking reforms advance in Congress
* Japan government to buy semiconductor materials giant for $6.3 billion
* Digital asset inflows surge after BlackRock’s bitcoin ETF filing:
Tight housing supply is boosting homebuilding stocks, advise Citigroup analysts. The tight supply “may provide a multi-year tailwind for builders,” according to research by analysts at the bank. Kathy Bostjancic, chief economist for Nationwide Mutual, says the housing market isn’t cooling off as much as previously expected. The recent pickup in housing construction “tells us something about where the economy is headed, so [the latest rebound in home prices] suggests that things are potentially picking up.”