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Alan Greenspan, former US Fed Reserve chair, dies aged 100 (opens original article in a new tab)

TL;DR

Alan Greenspan, former US Federal Reserve chair, died at age 100. He oversaw a prolonged economic expansion but faced criticism for the 2008 financial crisis.

  • Alan Greenspan, former US Federal Reserve chair, died at age 100 from Parkinson's disease complications.
  • Greenspan oversaw the second-longest US economic expansion from 1991 to 2001.
  • His decision to avoid raising interest rates despite inflation concerns contributed to US prosperity.

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