Alan Greenspan, the former chairman of the Federal Reserve whose 19-year tenure defined modern American monetary policy, has died at the age of 100.
His death was confirmed on Monday by his wife, journalist Andrea Mitchell, who stated that he passed away at his home.
Greenspan served as Fed chairman from 1987 to 2006, guiding US monetary policy under four presidents.
His leadership spanned critical periods in the global economy, including the aftermath of the 1987 stock market crash, the tech boom of the late 1990s, and the financial turbulence leading up to the 2008 crisis.
While his legacy is complex, his influence on the structure and communication of central banking remains profound.
Markets showed no immediate reaction to the news, with US Treasury yields holding steady in early trading.