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The US economy could start to recover in the second half of the year after what is shaping up to be the worst recession in decades, but growth is likely to be slow and uneven, several top Federal Reserve policymakers indicated on Tuesday.
Their less-than-sanguine assessments came as a majority of US states began or moved toward reopening their economies, locked down for weeks to slow the spread of the coronavirus.
More than 30 million Americans have filed for unemployment claims in the last six weeks, and US President Donald Trump has pushed for a reboot to economic activity to mend household
