WASHINGTON — Atlanta Federal Reserve president Dennis Lockhart Tuesday night said he is changing his previous forecast to see recovery happening later than the second half of the year, a time which will continue to be weighed down by the key to the economy, housing, and lingering market disruptions.

“The drag of high energy costs, continuing financial market stress, and a still declining housing sector may continue for a while with gradual improvement of growth in 2009,” he said.

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