The U.S. economy is struggling to recover during the COVID-19 pandemic. 

Many fear a possible second wave of the virus. What impact could that have on the country?

The U.S. Federal Reserve recently released minutes from its July 28-29 meeting, where Fed officials expressed concern over the future of the economy. 

CNBC reports the Federal Reserve says COVID-19 will likely "continue to stunt growth and potentially pose dangers to the financial system." 

With more than 5.55 million confirmed coronavirus cases and an approaching fall, there is concern the virus may spread in the coming months, which could further impact economic recovery.

In a White House news conference on Wednesday, economic adviser Larry Kudlow said the economy is rebounding "very, very strongly," according to Reuters.

"I think the economy is on a self-sustaining recovery, and it is a V-shaped recovery," he said. "We are seeing terrific numbers."

But Stephen Roach, a senior fellow at Yale University's Jackson Institute for Global Affairs and senior lecturer at the School of Management, says it's not that simple. He expects a slow economic recovery for the U.S..

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