Former Federal Reserve Chair Alan Greenspan died Monday at age 100 at home from
complications of Parkinson’s disease. Greenspan led the Fed from 1987 until
retiring in early 2006, a period marked by a long expansion, low unemployment
and strong equity markets; his standing was later dented by the financial crisis
that erupted within two years of his departure. Former Fed Vice Chair Roger
Ferguson said Greenspan was among the most influential central bankers of the
late 20th century and an early proponent of the view that technology-driven
Productivity gains supported faster growth without rekindling inflation.
