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Former US Fed chairman Alan Greenspan passes away at 100

Alan Greenspan, the former chairman of the US Federal Reserve, has passed away at the age of 100. His leadership spanned significant economic events, including the 1987 stock market crash and the dot-com bust, making him a pivotal figure in American economic history. While he is credited with navigating the economy through expansions, he faced scrutiny for his inaction regarding market excesses leading up to the 2008 financial crisis. His tenure under four presidents highlights the role of central banking in shaping economic policy.