Former Fed chair Alan Greenspan dead
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New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Former Federal Reserve chairman Alan Greenspan died on Monday, June 22, at the age of 100. Greenspan served as the head of the US central bank from 1987 to 2006, spanning four presidential administrations.
Alan Greenspan has died at the age of 100. The economist was chairman of the Federal Reserve for almost two decades. He was married to journalist Andrea Mitchell.
The Federal Reserve kept its key rate unchanged Wednesday yet nearly half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation.
Federal Reserve Chairman Kevin Warsh held his first press conference at the helm of the central bank, announcing an overhaul to the Fed's operations. He announced the establishmen
