JPMorgan Reduces Q3 GDP Forecast from 3% to 2%, Maintains Q2 at 2.5%, Q4 at 2%

June 1, 2012 2:02 PM EDT
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JPMorgan (NYSE: JPM) has just reduced its Q3 GDP forecast from 3 percent to 2 percent. The firm maintained its Q2 forecast of 2.5 percent and its Q4 estimate of 2 percent.

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