, decided to keep their dividend levels flat, despite passing the stress test."We will continue to use our capital to invest in and grow our market-leading businesses, pay a sustainable dividend and we will retain capital to fully satisfy our future regulatory requirements," JPMorgan CEO Jamie Dimon said in a release.ECB President Christine Lagarde could signal that the Governing Council is leaning toward ending net purchases in the early part of the third quarter.
Europe, destabilized by Russia's war on Ukraine, is contending with declining growth and an energy crisis. But European Central Bank leader Christine Lagarde isabout a potential recession this year in the euro zone."We have markedly revised down our forecasts for growth in the next two years," she said Tuesday."But we are still expecting positive growth rates due to the domestic buffers against the loss of growth momentum.