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JPMorgan profit falls; China inflation ebbs

Squawk Box Live tracked reaction to an ebb in China consumer inflation and news that JPMorgan missed third quarter profit forecasts.

JPMorgan posted earnings of $1.32 per share against per share forecasts near $1.37, and went on to warn that trading conditions weren't looking up for the next quarter. The release kicked off a string of bank earnings including Citigoup, Goldman Sach and Wells Fargo.

Consumer inflation in China slowed in September, rising to 1.6 percent compared to a 2 percent rise in August. Meanwhile producer prices slid for the 43rd straight month.

Here's how the morning unfolded.

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