Alan Greenspan led Fed for 18½ years and influenced U.S. economy, Nick Timiraos notes

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Alan Greenspan led Fed for 18½ years and influenced U.S. economy, Nick Timiraos notes — Alan Greenspan dies after shaping Fed

Nick Timiraos, chief economics correspondent at Wall Street Journal, reports that Alan Greenspan has died at the age of 100. Greenspan served as head of the Federal Reserve for 18½ years, gaining significant influence and reaching 'rock-star' status while shaping the U.S. economy under both Democratic and Republican presidents. Milton Friedman referred to Greenspan as the greatest of all time. The year 2008 brought a reassessment of his legacy.

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Timiraos has previously reported on Federal Reserve activity, including the central bank's consideration of a rate hike at Kevin Warsh's first meeting as chair. He also covered Fed vice chair Michelle Bowman's attendance at a private Bank of America client dinner in New York following a major policy decision.

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