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Today's Brief/Wednesday, 24 June 2026/๐Ÿ“ˆ Stocks & Economy
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Alan Greenspan, Former Fed Chief Who Shaped Modern Central Banking, Dies at 100

CNBCยทWednesday, 24 June 2026
Alan Greenspan, Former Fed Chief Who Shaped Modern Central Banking, Dies at 100

Alan Greenspan, who led the US Federal Reserve for 19 years under four presidents, has died at the age of 100. He was known for mastering the art of deliberately vague communication, a style that became known as 'Fedspeak'.

Why It Matters

Greenspan's tenure shaped global monetary policy thinking, and his ideas still influence how central banks โ€” including the Reserve Bank of India โ€” approach interest rates and financial stability.

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