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 As we begin 2010, most economists are cautiously optimistic that the year will bring slight improvements in consumer confidence and investing. However, with the official unemployment rate still at 10 percent, some analysts believe that the country may have a long road to full recovery. So far, Texas has faired better than most states due to stable home prices and an attractive business climate, but will the Lone Star State continue to lead the nation out of the recession? What are the challenges facing the United States and Texas to sustain economic growth? Richard Fisher, president and CEO of the Federal Reserve Bank of Dallas, will speak on the economic landscape in 2010 and what we should expect from the year ahead.

Richard Fisher assumed his current role at the Federal Reserve Bank of Dallas in April 2005. He serves as a member of the Federal Open Market Committee, the Federal Reserve’s principal monetary policymaking group. Fisher is former vice chairman of Kissinger McLarty Associates, a strategic advisory firm chaired by former Secretary of State Henry Kissinger.

From 1997 to 2001, Fisher was deputy U.S. trade representative with the rank of ambassador, where he oversaw the implementation of NAFTA and various agreements with Vietnam, Korea, Japan, Chile and Singapore. Fisher attended the U.S. Naval Academy, graduated with honors from Harvard University in economics and received an M.B.A. from Stanford University. In October 2006, Fisher received the Service to Democracy Award and Dwight D. Eisenhower Medal for Public Service from the American Assembly. In April 2009, he was inducted into the Dallas Business Hall of Fame.

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Dallas Business Club