The Federal Reserve Board published a statement marking the death of former Chair Alan Greenspan, describing his tenure as the 13th chairman from 1987 to 2006 as a lasting influence on the institution, monetary policy and economic thought. The Board said Greenspan led the Federal Reserve for 18 years through periods of economic expansion and stress, and credited his leadership with a sustained era of price stability that supported growth and helped anchor public confidence in the institution. It also highlighted his analytical approach to monetary policymaking, the credibility he helped build for the Federal Reserve, and his enduring influence through the people, frameworks and practices he helped shape. The statement extended condolences to his wife, Andrea Mitchell, and his family.