Greenspan led the Federal Reserve for 18 years, shaping modern monetary policy and central bank credibility.
Alan Greenspan, who served as Federal Reserve Chair from 1987 to 2006, has died at age 99. His tenure spanned nearly two decades, guiding the U.S. central bank through economic expansions and financial crises.
Greenspan oversaw a period of sustained price stability and economic growth, reinforcing the Fed’s credibility in monetary policymaking. His analytical approach and leadership influenced generations of economists and public servants.
The Federal Reserve honored his legacy, noting his lasting impact on the institution and broader economic thought. Condolences were extended to his family, including his wife, Andrea Mitchell.