Born in Rome on 4 February 1967, she graduated with honours in 1990 in Statistical Science and Economics from the University of Rome La Sapienza. She pursued further study at the University of Cambridge, where she completed a Master of Science in Economics in 1992 and a PhD in Economics in 1996.

She joined the Bank of Italy in 1995, where she conducted analysis and research at sectoral and regional level in what was then the Real Economy Sector of the Economic Research Department. From 1999 until the end of 2001, she worked at the European Central Bank’s Research Directorate, developing models for labour market analysis in the euro area. On returning to the Bank of Italy, she analyzed price dynamics and price formation mechanisms, as well as inflation forecasting models in the former Economic Outlook Division. From 2013 to 2020, she was in charge of the Balance of Payments Analysis Division in the Statistical Analysis Directorate. On 1 April 2020, she became Head of the same Directorate.

She was Visiting Fellow at the University of Cambridge in 2005 and Visitor at the European Department of the International Monetary Fund in 2012. She has represented the Bank in a number of working groups and national and international research networks. In the course of her academic and professional career she has published numerous papers on technological innovation and economic growth, regional economies and industrial districts, inflation trends and persistence, price formation, wages and wage expectations, competitiveness and exports, and on other international economic issues (for a partial list, see With colleagues from the European System of Central Banks, she co-authored Pricing Decisions in the Euro Area: How Firms Set Prices and Why (Oxford University Press, 2007).