Former head of the Bank of Israel and former deputy head of the US Federal Reserve (FRS) Stanley Fischer has died at the age of 82, The New York Times reported.
He died on Saturday, May 31, in Lexington, Massachusetts. According to the economist's son Michael, the cause was complications from Alzheimer's disease.
As the newspaper notes, “his benevolent style of seeking consensus helped guide global economic policy and prevent financial crises for decades“.