Fiorella De Fiore

Curriculum vitae

Updated October 2026

Download CV (PDF)

Main fields

  • Macroeconomics
  • Monetary economics
  • Macro-financial linkages
  • Expectations

Employment

Current positions

  • Jul 2023 – present
    Research Adviser Bank for International Settlements, Monetary and Economic Department
  • Nov 2024 – present
    Member of the Council of Management SUERF
  • Oct 2016 – present
    Research Fellow Centre for Economic Policy Research, Monetary Economics and Fluctuations Programme

Previous positions

  • Feb 2019 – Jun 2023
    Head of Monetary Policy Bank for International Settlements, Monetary and Economic Department
  • Jul 2015 – Jan 2019
    Adviser European Central Bank, Monetary Policy Research Division, DG Research, Frankfurt am Main
  • Aug 2013 – Jun 2015
    Adviser European Central Bank, Financial Research Division, DG Research, Frankfurt am Main
  • Nov 2011 – Jul 2013
    Principal Economist European Central Bank, Financial Research Division, DG Research, Frankfurt am Main
  • Feb 2007 – Oct 2011
    Principal Economist European Central Bank, Monetary Policy Research Division, Frankfurt am Main
  • Mar 1999 – Jan 2007
    Economist European Central Bank, Monetary Policy Research Division, Frankfurt am Main

Temporary positions

  • Apr – Jul 2012
    Principal Economist (secondment from DG Research) European Central Bank, Capital Markets and Financial Structure Division, DG Economics, Frankfurt am Main
  • Jun – Aug 1997
    Economist, Summer Intern International Monetary Fund, European I Department, Washington, D.C.
  • Aug 1993 – Aug 1994
    Economist Commission of the European Union, DG Economic and Financial Affairs, Macroeconomic Analysis and Policy Division, Brussels
  • Jun – Dec 1992
    Economist, Internship Commission of the European Union, DG Economic and Financial Affairs, Brussels

Education

  • 2000
    PhD in Economics European University Institute, Florence, Italy. Thesis: “Essays on Monetary Policy and Taxation”
  • 1995
    MSc in Economics London School of Economics, UK
  • 1993
    BA in Economics and Social Sciences, summa cum laude Bocconi University, Italy

Fellowships

  • 1998 – 1999
    Resident Research Fellowship Ente Studi Monetari e Finanziari, Rome, Italy
  • 1995 – 1999
    Fellowship, European University Institute Ministero degli Affari Esteri, Italy
  • 1997
    International Exchange Program Fellowship European University Institute, Italy
  • 1995
    British Chevening Scholarship Foreign and Commonwealth Office, UK
  • 1995
    Rajiv Gandhi Travelling Scholarship Rajiv Gandhi Foundation, India
  • 1982 – 1987
    Enpas Scholarship Italian Institute for Government Employees Previdence, Italy

Publications

Journal articles, working papers, policy papers and other writing are listed on the Research page.

Go to Research

Recent conferences

  • Keynote

    Macro-monetary workshop, St Andrews, UK, 2025.

  • Paper presentations

    Hydra Conference on Macroeconomic Dynamics, 2026; CEBRA conference, 2026; SNB-FRB-BIS High-Level Conference on Global Risk, Uncertainty, and Volatility; Bundesbank Spring Conference on Monetary Policy and Expectations of Households and Firms, 2025; 15th ifo Conference on Macroeconomics and Survey Data, 2025; IFABS conference, 2024; Boston Fed conference on “The Future of the Financial System”, 2024; Annual conference of the RBA, Sydney, 2023; ASSA meetings, 2023; Salento Macro meetings, 2022; SNB annual conference on Monetary Policy, Zurich, 2022; Macro Talks, University of Padua, 2022.

  • Annual meetings

    AEA Annual Meetings (2025, 2023); European Symposium in International Macroeconomics (2017, 2014); Society of Economic Dynamics Meetings (2023, 2017); CEBRA conference (2025, 2024).

  • Invited seminars

    Peking University, 2024; BIS-HKMA seminar series, Hong Kong, 2024; DNB, 2024; University of Naples, 2024; Bank of Finland, 2022.

  • Paper discussions

    ECB “Inflation: Drivers and Dynamics” Conference, 2025; SNB annual conference on Monetary Policy, 2025; European Symposium in International Macroeconomics, 2025; JME/SNB/CEPR conference, 2022; BIS CCA conference on “Structural changes in inflation and output dynamics after Covid and other shocks”, Mexico City, 2022; SNB-FRB-BIS High-Level Conference on “Global Risk, Uncertainty, and Volatility”, Zurich, 2022; HEC/CEPR conference, 2022; AEA Meetings, 2021.

  • Policy panels

    Oxford Saïd – VU SBE Macro-finance Conference, 2025; SNB-BNP Joint Seminar, panel on “Monetary Policy Frameworks”, November 2024; SUERF/OeNB conference on “The Central Bank of the Future”, 2024; SUERF Fourth Biennial Conference on “New Dimensions of Monetary Policy”, Bank of Poland, September 2022; SUERF/Bank of Finland conference on “Monetary Policy Approaches: A Comparative Appraisal”, 2021; CESifo conference, 2021.

  • Events organized

    BIS Annual Conference (2026, 2025, 2024); WE ARE IN conference (2026, 2025, 2024, 2023, 2022); EUI/BdF/CEPR conference, December 2022; AEA Meetings, invited session, 2020; CEBRA session (2026, 2025, 2024); EEA high-level panel sessions, August 2018 and 2017.

Editorial and refereeing

Editorial roles

  • Jun 2024 – Jun 2026 BIS Working Paper Series
  • 2020 – 2022
    Economic Policy Panel member
  • Mar 2020 – Jul 2021 CEPR vetted volumes: Covid Economics
  • Jan 2018 – Jan 2019 ECB Working Paper Series

Referee for

Econometrica; Journal of Political Economy; American Economic Review; Journal of Economic Theory; Journal of Monetary Economics; American Economic Journal: Macroeconomics; Journal of the European Economic Association; Economic Journal; Journal of Money, Credit and Banking; International Economic Review; Journal of International Economics; Economic Policy; Macroeconomic Dynamics; Journal of Economic Dynamics and Control; Journal of Financial Intermediation; International Journal of Central Banking; Journal of Financial Stability.