Alan Greenspan, the former chairman of the Federal Reserve who served for 19 years under four US presidents, has died at the age of 100.
His death was confirmed Monday by his wife, journalist Andrea Mitchell, who notified NBC News of the passing.
Greenspan died at his home in New York.
Greenspan’s tenure as Fed chair, spanning from 1987 to 2006, defined an era of economic expansion and low inflation.
He was widely hailed as the architect of the modern American economy, though his legacy remains complex given the financial crisis that unfolded shortly after his departure.
His influence on monetary policy frameworks and market expectations persists in how central banks communicate with financial markets today.