JPMorgan Credit Rating Reduced by Fitch on $2 Billion Loss

Earlier: Marketwatch's Ronald Orol reports SEC chief Mary Schapiro has said the agency is "obviously very focused" on the $2 billion losses incurred by JPMorgan's chief investment office. Schapiro spoke to reporters afterChinese inflation declined to +3.4% YoY in April (in line with forecasts), from +3.6% in March and below the Government's target of +4.0%

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