Nirmal Bang Securities Pvt. Ltd. - Daily Report 140110

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The U.S. economy improved in 10 of the Federal Reserve’s 12 districts last month, marking a broadening of the recovery, the central bank said today. “While economic activity remains at a low level, conditions have
improved modestly further,” the Fed said in its Beige Book business survey, published two weeks before the Federal Open Market Committee meets to set monetary policy.

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