Alan Greenspan

Alan Greenspan
The former chairman of the Board of Governors of the Federal Reserve System as well as the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body. His tenure at the helm of the Fed lasted 18 years from 1987 until early 2006, when Ben Bernanke replaced him. He was first appointed to the post by then-president Ronald Reagan and kept at the Fed's helm by successors George H.W. Bush, Bill Clinton and President George W. Bush.

Greenspan is the first person to have been appointed to five consecutive terms as the Fed's chairman. He became known for being adept at guiding the Fed's board to consensus on policy issues and his public comments were regarded as so powerful that they could send financial markets sharply in any direction.

He was widely perceived as an inflation hawk, often criticized for focusing more on controlling prices than on achieving full employment. Greenspan also became infamous for his often technical and cautiously worded speeches, and reportedly once mocked his own speaking style during a 1988 speech in which he said, "I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I said."

Investment dictionary. . 2012.

Look at other dictionaries:

  • Alan Greenspan — (2002) Alan Greenspan, KBE (* 6. März 1926 in New York) ist ein US amerikanischer Wirtschaftswissenschaftler. Er war vom 11. August 1987 bis zum 31. Januar 2006 Vorsitzender der US Notenbank (Federal Reserve System) …   Deutsch Wikipedia

  • Alan Greenspan — Alan Greenspan. Alan Greenspan (nacido en Nueva York el 6 de marzo de 1926) es un economista estadounidense que fue presidente de la Reserva Federal de EE.UU. entre 1987 y 2006. Obtuvo la licenciatura en economía en 1948, la maestría en economía… …   Wikipedia Español

  • Alan Greenspan — Naissance 6 mars 1926 New York (États Unis) Nationalité Américaine Champs Économie Institution …   Wikipédia en Français

  • Alan Greenspan — (nacido en Nueva York el 6 de marzo de 1926) es un economista estadounidense y el presidente de la Reserva Federal de EE.UU. Sacó bachiller en economía en 1948, la maestría en economía en 1950 y su doctorado en economía en 1977 todos de la… …   Enciclopedia Universal

  • Alan Greenspan — Infobox President | name =Alan Greenspan nationality = American imagesize =176px order =13th Chairman of the Federal Reserve term start =August 11, 1987 term end =January 31, 2006 president =Ronald Reagan George H. W. Bush Bill Clinton George W.… …   Wikipedia

  • Alan Greenspan — ➡ Greenspan * * * …   Universalium

  • Alan Greenspan — n. (born 1926) American economist, Chairman of the Board of Governors of the Federal Reserve System (1987 2006) …   English contemporary dictionary

  • GREENSPAN, ALAN — (1926– ), U.S. economist. Born in New York City, Greenspan received a B.S. in economics (summa cum laude) in 1948, an M.A. in economics in 1950, and a Ph.D. in economics in 1977, all from New York University. For many years Greenspan headed an… …   Encyclopedia of Judaism

  • Greenspan — is a surname common in North America, anglicized from the German surname Grünspan ( green swarf , green patina, verdigris, Copper(II) acetate). It may refer to:* Alan Greenspan (born 1926), U.S. economist, also Greenspan put named after the… …   Wikipedia

  • Greenspan — (angliz. v. Grünspan) ist der Name folgender Personen: Alan Greenspan (* 1926), US amerikanischer Wirtschaftswissenschaftler Bud Greenspan (1926–2010), US amerikanischer Filmemacher Edward Greenspan (* 1944), kanadischer Jurist Jason Scott… …   Deutsch Wikipedia