World Business

Alan Greenspan, Former Fed Chair, Dies at 100

Alan Greenspan, Former Fed Chair, Dies at 100

Alan Greenspan, the iconic former Federal Reserve chairman who presided over the US economy from 1987 to 2006, has died at 100.

His legacy is mixed, with praise for the 'Great Moderation' and criticism for the 2008 financial crisis.

Greenspan's early work as President Ford's economic adviser cemented his commitment to public service.

His death has prompted a reassessment of his long influence on monetary policy and the myth of the 'Greenspan put' that many investors believed in.

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Alan Greenspan
American economist and financial advisor (1926–2026)
Federal Reserve System
Central banking system of the United States
United States
Country located primarily in North America