Born in Lodi, Chiara Scotti was appointed Governing Board member and Deputy Governor of the Bank of Italy on 19 February 2024; in this capacity, she is also a member of the Joint Governing Board of the Insurance Supervisory Authority (IVASS).
Over the two previous decades, she worked for the Federal Reserve System, gaining extensive experience in central banking. In 2005, she joined the Board of Governors of the Federal Reserve System as an economist within the Division of International Finance. In 2014, she moved to the Division of Financial Stability, analysing and identifying potential threats to financial stability in collaboration with other divisions, Reserve Banks and government agencies, and later became Deputy Associate Director. During the pandemic, she served as Special Adviser to former Vice Chair Richard Clarida.
In 2023, she joined the Leadership Team of the Federal Reserve Bank of Dallas, where she was Senior Vice President and Director of Research, headed the Bank's Research and Statistics departments and acted as adviser to President and CEO Lorie Logan on monetary policy.
Her areas of expertise include monetary policy, central bank communication, financial stability, digital assets, and empirical macroeconomics and finance. She has authored and co-authored more than a dozen major papers in key economic journals such as the Journal of Monetary Economics, the Journal of Econometrics, the Journal of Business and Economic Statistics, the Journal of Money Credit and Banking, and the International Journal of Central Banking, and has been a speaker at numerous international conferences.
She graduated with distinction in Economics from the Bocconi University in Milan in 1998, then joined Credit Suisse First Boston as an analyst, where she remained for two years. She was subsequently awarded an MA in Economics in 2002 and a PhD in Economics in 2005 from the University of Pennsylvania.
She is also a member of the American Economic Association, the Econometric Society and the European Economic Association.
