Alan Greenspan, the former chairman of the Federal Reserve whose nearly two-decade tenure fundamentally shaped modern American monetary policy, has died at the age of 100.
The influential economist passed away on Monday, marking the end of an era for global finance and central banking.
The news was first reported by Le Monde, with multiple international wire services subsequently confirming the details.
Greenspan served as Fed chairman from 1987 to 2006, overseeing the central bank through four US presidential administrations.
His leadership spanned critical periods in economic history, including the aftermath of the 1987 stock market crash, the dot-com boom and bust, and the run-up to the 2008 financial crisis.
His approach to monetary policy, often characterized by a belief in market self-correction, became a defining feature of US economic management during his time in office.
The news was first reported by Le Monde, with multiple international wire services subsequently confirming the details.