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General TradingA

Alan Greenspan

Former Chairman of the US Federal Reserve (1987–2006), known for guiding monetary policy through major economic events including the 1987 crash, the dot-com bubble, and the early 2000s recession. His tenure is notable for coining the phrase 'irrational exuberance' and for the ongoing debate over whether his low-interest-rate policies contributed to the 2008 housing crisis.

Example

Alan Greenspan's decision to lower interest rates aggressively after the dot-com crash is often cited as a factor that fueled the housing bubble.