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Alan Greenspan, former chairman of the Fed, dies at age 100 (opens original article in a new tab)

TL;DR

Alan Greenspan, former Federal Reserve chairman, has died at 100. He was known for his complex communication style and played a key role in U.S. economic policy for nearly two decades.

  • Alan Greenspan, former Federal Reserve chairman, died at age 100 from Parkinson's disease complications.
  • Greenspan's 19-year tenure as Fed chair involved using complex language to avoid revealing monetary policy decisions.
  • He was known for phrases like 'irrational exuberance' and faced criticism for low-interest rate policies linked to the 2008 financial crisis.

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