Alan Greenspan, the influential economist who steered US monetary policy during his five terms as chair of the Federal Reserve under four presidents, has died aged 100.
The central bank said its former chair “helped establish the credibility that remains one of the Federal Reserve’s most important assets” in a statement on Monday that announced Greenspan’s death.
In a separate statement that she shared with NBC News, Andrea Mitchell – Greenspan’s wife and a correspondent of the network – said he died from complications of Parkinson’s disease. “He will be remembered for his brilliance and his kindness,” Mitchell’s statement to NBC said.
