Former U.S. Federal Reserve chair Alan Greenspan died on Monday at the age of 100. His wife Andrea Mitchell confirmed he passed away from complications of Parkinson's disease.
Greenspan served nearly 19 years as Fed chair from 1987 until early 2006. He worked under four presidents and was known for guiding a period of U.S. economic growth.
“Alan passed away at our home this morning at the age of 100 from complications of Parkinson's disease,” Mitchell said in a statement. She described him as “a giant of a man who helped shape the U.S. economy for decades.”
Greenspan visited China several times, first in 1994. He praised China's shift to a market economy and often offered data-driven views on U.S.-China trade.
Born on March 6, 1926, in New York, Greenspan's death was reported by U.S. media on Monday.
