Spotlight: U.S. Fed to debate more economic stimulus amid COVID-19 resurgence

WASHINGTON, July 28 (Xinhua) -- The U.S. Federal Reserve is expected to debate how to provide more stimulus to the coronavirus-ravaged economy at its two-day policy meeting starting Tuesday, but the central bank is unlikely to announce major policy changes this week despite a recent resurgence in COVID-19 cases, analysts said.

"The Fed is stuck between the emergency actions of this past spring and the next steps to bolster the recovery that will come later this year," Tim Duy, professor of the University of Oregon and a long-time Fed watcher, wrote Monday in a blog post.