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 by his wife, journalist Andrea Mitchell, who notified NBC News of the passing.
Greenspan died at his home in New York.
Greenspan’s tenure, which spanned from 1987 to 2006, was marked by a prolonged stock market boom and historically low unemployment rates.
He became one of the most influential figures in global finance, shaping monetary policy during periods of significant economic expansion and volatility.
The former chair’s leadership was tested during the financial crisis of 2008, where his policies faced intense scrutiny.