Alan Greenspan, architect of the modern American economy, dies aged 100
News Source : BBC News
News Summary
- Former US Federal Reserve chair Alan Greenspan has died aged 100, his wife has said.
- NBC News correspondent Andrea Mitchell said her husband had died from complications of Parkinson's Disease.
- As chairman of the Federal Reserve from 1987-2006, he presided over the longest sustained period of US economic growth in a generation.
- Described as the "God in the machine" of American finance, Greenspan declined all requests for interviews during his time at the Fed.
- The Fed said Greenspan's policies and economic thinking "left a lasting mark on this institution, on the broader field of economics, and on the country"
The Fed said Greenspans policies and economic thinking left a lasting mark on this institution, on the broader field of economics, and on the country.
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