Investments glossary

Alan Greenspan

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Quotes of the day:

Business strategies can interestingly be assimilated with medicinal drugs. There are no better or worse strategies. There are only adequately adopted business strategies or inappropriately selected and implemented strategies.

— Abderrahman Hassi

Alan Greenspan is the former Chairman of the Board of Governors of the Federal Reserve System (the Fed), which is the central bank for the United States, from 1987 until 2006. In that role, he also served as the chairman of the Federal Open Market Committee (FOMC), which is the Fed’s principal monetary policymaking committee that makes decisions on interest rates and managing the U.S. money supply.

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