Alan Greenspan, the former chairman of the Federal Reserve who steered US monetary policy for 19 years, has died at the age of 100.
His wife, journalist Andrea Mitchell, confirmed the news on Monday, stating that Greenspan passed away from complications related to Parkinson’s disease.
Greenspan’s tenure, spanning four US presidencies from 1987 to 2006, is widely regarded as one of the most influential in modern economic history.
He presided over a decade-long period of robust American economic growth and low inflation, earning him the nickname "The Maestro" for his perceived ability to navigate the economy with precision.
His leadership defined the regulatory and monetary landscape during the rise of the internet economy and the subsequent dot-com bubble.
However, his legacy remains deeply contested.