Alan Greenspan, former Fed chair who steered US policy for 19 years, dies at 100

The economist’s passing marks the end of an era for central banking, though markets remain focused on current rate-path uncertainty.

By Handelsavisen Newsroom · Automated 2026-06-22 11:32 UTC · 1 min read

Alan Greenspan, the former Federal Reserve chairman whose 19-year tenure defined modern American monetary policy, has died at the age of 100.

Multiple wire services confirmed the news on Monday, noting that Greenspan guided the US central bank through five presidential terms and four administrations, shaping economic responses to crises ranging from the 1987 stock market crash to the dot-com bubble.

Markets showed little immediate reaction to the news, with US Treasury yields holding steady in early trading.

The 10-year yield remained near recent levels, reflecting that investors are currently focused on near-term inflation data and Federal Reserve policy signals rather than historical figures.

The lack of volatility underscores how detached current market dynamics are from the era Greenspan presided over.

Greenspan’s legacy is complex, marked by both periods of sustained economic growth and the regulatory oversight gaps that preceded the 2008 financial crisis.