politics

Former Federal Reserve Chairman Alan Greenspan passes away at 100

22 Haziran 2026DW

Alan Greenspan, the former chair of the US Federal Reserve, has passed away at the age of 100. He led the Fed for nearly two decades, from 1987 to 2006, during a period of significant economic change.
His tenure is often scrutinized, with critics claiming that his monetary policies played a role in precipitating the Global Financial Crisis of 2007.
Greenspan's leadership at the Federal Reserve coincided with significant economic events, including the dot-com bubble and the housing market boom. His approach to monetary policy has been both praised and criticized, particularly in light of the financial crisis that followed his departure from the Fed.
Greenspan's legacy is a complex one, marked by both economic growth and subsequent turmoil. While he is credited with fostering a long period of expansion, the repercussions of his low-interest rate policies raise questions about the balance between stimulating growth and ensuring financial stability.

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This article is for informational purposes only and does not constitute financial advice.