Double-dip recession unlikely - Fed's Poole

US - St. Louis Federal Reserve Bank President William Poole said on Sunday the odds the U.S. economy might fall back into recession given the stock market's recent woes were "very, very small."

"My own view is that the odds of a double dip recession are very, very small," Poole said in answer to a question after addressing a group of Southern state legislators.

"The overall national picture is that the national economy is going to be recovering," he said, pointing to strength in home and auto