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FDIC's Bair says does not see double-dip recession

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WASHINGTON | Tue Aug 31, 2010 2:00pm EDT

WASHINGTON (Reuters) - U.S. bank regulator Sheila Bair said on Tuesday that she does not anticipate a double-dip recession in the United States.

"I think it's something we're watching very closely, and we don't see it happening," Bair, chairman of the Federal Deposit Insurance Corp, said during a quarterly briefing.

(Reporting by Karey Wutkowski and Dave Clarke, editing by Gerald E. McCormick)
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