Stanley Fischer, a former top policymaker at the US Federal Reserve and the Bank of Israel whose thinking was highly influential among generations of economists, has died at the age of 81.
A former vice-chair of the Fed, Fischer also served at the IMF, where as first deputy managing director he worked on the response to the Asian and Russian crises of the late 1990s. He also served as chief economist at the World Bank.
Fischer’s death was announced on Sunday by the Bank of Israel, where he served as governor from 2005 to 2013. The country’s president Isaac Herzog paid tribute to him as “a world-class professional, a man of integrity, with a heart of gold”.
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