ECB Conference on Monetary Policy 2026 – Speakers

Programme of the ECB Conference on Monetary Policy 2026: bridging science and practice

Before joining the ECB, he was the Governor of the Central Bank of Ireland. He has also chaired the Advisory Scientific Committee and Advisory Technical Committee of the European Systemic Risk Board and was Whately Professor of Political Economy at Trinity College Dublin. He is also a research fellow at the Centre for Economic Policy Research.

A graduate of Trinity College Dublin, he was awarded a PhD in Economics from Harvard University in 1995 and was Assistant Professor of Economics and International Affairs at Columbia University from 1995 to 1997, before returning to Dublin. In 2001 he was the inaugural recipient of the Bernácer Prize for outstanding contributions to European monetary economics.

His division is responsible for providing analysis to inform the ECB’s monetary policy decisions and preparing associated external communication, assessing the ECB’s monetary policy strategy in light of conjunctural and structural developments, and advising on the design and use of the ECB’s operational framework and its balance sheet from a monetary policy perspective. 

Between 2017 and 2023, he was Head of the Market-Based Finance Division in the Directorate General Macroprudential Policy and Financial Stability, where he was responsible for risk assessment and policy work related to non-bank financial intermediaries and financial markets, assessing interactions between market-based finance and monetary policy, and climate policy issues related to non-bank financial intermediaries and green finance.

Prior to joining the ECB in 2017, Sujit spent twelve years at the Bank of England (BoE). As Head of Research from 2014 onwards, he developed and delivered the BoE’s new research agenda and was the founding editor of the BoE’s staff blog, Bank Underground. In previous roles, he led on developing the macroprudential policy framework for the BoE’s Financial Policy Committee, made significant contributions to the international debate on reforming banking regulation after the global financial crisis, played a key role in developing the BoE’s stress testing models, and was briefly seconded to the Reserve Bank of India. Sujit holds a PhD in economics from the University of Oxford and has published extensive research on macroprudential policy, monetary policy, market-based finance, banking regulation, climate change, text mining, stress testing, financial crises, financial networks and contagion.

Her research focuses on macroeconomics, monetary policy, and information frictions. Her work has been published in the Journal of International Economics, the Journal of Economic Theory, and the Journal of Monetary Economics.

She holds a Ph.D. in Economics from Universitat Pompeu Fabra

In addition, she is a member of both the CEPR-EABCN Euro Area Business Cycle Dating Committee and the Portuguese Public Finance Council (CFP).

She has previously held academic positions at the London School of Economics, Bocconi University, the Universitat Autònoma de Barcelona, and the European University Institute, and has been a visiting researcher and consultant at several central banks, including the Banco de España, the Bank of Canada, the Bank of England, and the European Central Bank. Her research lies at the intersection of macroeconomics, monetary economics, and public finance, with a particular focus on developed economies.

His main fields of research are macroeconometrics and forecasting, with focus on business cycles, monetary policy, macro-finance and risk, and high-dimensional data. He holds a Ph.D. in Economics and Statistics from the Université libre de Bruxelles and a B.A. in Statistics and Economics from Università La Sapienza in Rome.

Before joining Johns Hopkins, he was Assistant Director at the International Monetary Fund, Senior Principal Economist at Amazon, Assistant Vice President at the Federal Reserve Bank of New York, Co-founder and Director of Nowcasting Economics Ltd., Professor of Economics at the Université libre de Bruxelles, and Economist at the European Central Bank.

His research focuses on macroeconomics, structural vector autoregressions (SVARs), dynamic stochastic general equilibrium (DSGE) models, Bayesian methods, and monetary and fiscal policy.

He earned his PhD in Economics from the University of Minnesota in 2001, an MSc in Economics and Finance from CEMFI in 1997, and a B.A. in Economics from the Universitat Autònoma de Barcelona in 1995.

Before joining Emory, he was a professor at Duke University and an economist and policy advisor at the Federal Reserve Bank of Atlanta. He has held visiting appointments at the European Central Bank, the Bank of Spain, Norges Bank, and several Federal Reserve Banks.

His work has appeared in leading journals including the American Economic Review, Econometrica, the Review of Economic Studies, the Journal of Monetary Economics, and the Journal of Econometrics. He is an editor of the Journal of Economic Dynamics and Control.

Previously, he headed the Bank Lending Conditions Section. He chaired the Task Force on Banking Analysis for Monetary Policy of the Monetary Policy Committee of the European System of Central Banks and is a Research Fellow at the Centre for Economic Policy Research (CEPR).

Before joining the ECB, he taught economic policy and econometrics at the University of Naples and was a visiting professor at University College London, Columbia University, and the Université libre de Bruxelles.

In his current role, he oversees the assessment of liquidity and funding conditions for banks and non-bank financial institutions in the euro area, analyzes macro-financial linkages, and contributes to the calibration of monetary policy measures involving financial intermediaries. He has also published extensively in leading international journals, including the Journal of Finance, the Journal of Financial Economics, the AEJ:macro, and the Journal of Monetary Economics.

He teaches Finance 2 in the MBA required curriculum and Ph.D. courses in Corporate Finance and Empirical Methods. Professor Sunderam holds a Ph.D. in business economics and an A.B. in computer science and economics, both from Harvard University. In 2009 and 2010, he served in the U.S. Treasury Department as a special assistant and liaison to the White House National Economic Council.

Professor Sunderam's research interests are in corporate finance, asset pricing, and financial intermediation. His work focuses on the organization of financial markets and its effect on asset prices and corporate investment. It has appeared in the Quarterly Journal of Economics, the American Economic Review, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He serves as a co-Editor of the Journal of Finance and an associate editor for the Quarterly Journal of Economics.

In addition, he is a Research Economist at the Federal Reserve Bank of New York and a Research Affiliate of the Centre for Economic Policy Research (CEPR).

He received his PhD in Economics from the University of Chicago and his MSc and BSc from Bocconi University. Prior to joining the University of Cambridge, he was a faculty member at New York University's Stern School of Business.

His research spans macroeconomics, finance, monetary policy, and industrial organization, with a particular focus on the role of firms and their interactions in the macroeconomy.

His articles have been published in leading academic journals, including the American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. Stephan holds a Ph.D. in economics from University of Bonn in Germany.

In addition, she is a member of the European Parliament’s Expert Group on Bank Supervision and Director of the Banking and Corporate Finance Programme at the Centre for Economic Policy Research (CEPR).

Professor Carletti founded the Florence School of Banking and Finance at the European University Institute and is a past President of the European Finance Association. From 2015 to 2023 she served on the Advisory Scientific Committee of the European Systemic Risk Board (ESRB), and from 2015 to 2021 she was a member of the Scientific Committee of the Bank of Italy’s “Paolo Baffi Lecture.”

She also acts as an external evaluator for several central banks, particularly in the areas of research and financial stability.

Mr. Manganelli focuses on two primary areas of research: statistical decision theory and the measurement of tail risks. His first line of work aims at incorporating the role of judgment into a formal decision process. In his second research area, he applies quantile regression to model the macro-financial tail interactions in an economy. 

His policy interests include European financial markets, financial stability, and the implementation and transmission of monetary policy. His papers have appeared in peer-reviewed journals such as Journal of Economic Theory, Journal of Econometrics, Journal of Applied Econometrics, and Journal of the European Economic Association.

Mr. Manganelli holds a B.A. in Economics from Bocconi University and a Ph.D. in Economics from the University of California at San Diego.

She is also a Professorial Fellow at Nuffield College. She is co-director of the Nuffield Centre for Applied Macroeconomic Policy (NuCamp) and a Research Fellow in the Monetary Economics and Fluctuations (MEF) programme of the CEPR.

Prior to joining Oxford, she was a Research Economist in the Monetary Policy Division at the Federal Reserve Bank of New York, and a Research & Policy Advisor in Monetary Analysis at the Bank of England. Her research interests are Monetary Economics, Empirical Macroeconomics, International Macro-Finance and Macroeconometrics.

He is also a Research Fellow at the Centre for Economic Policy Research (CEPR).

His areas of interest are in monetary macroeconomics; his research focuses on questions related to conventional and unconventional monetary policies, financial frictions, and price-setting. He holds a PhD in Economics from New York University.

He did his B.A. at Trinity College Dublin and Ph.D. at Harvard University.

His research is focused on econometrics, empirical macroeconomics and empirical finance, spanning a wide range of topics, including forecasting in a data-rich environment, the high-frequency effects of news announcements, term structure analysis and the econometrics of weak identification.

He is a former coeditor of the Journal of Business and Economic Statistics and the Journal of Applied Econometrics and is currently an associate editor for the Journal of Applied Econometrics, the Journal of Econometrics and the Journal of Monetary Economics. He is an NBER research associate and a director of the International Association for Applied Econometrics.

He received a B.S. in Economics and Quantitative Methods in 2003 and a Ph.D. in Statistics in 2007 from the University of Florence (Università di Firenze).

From 2007 to 2011, he was a Postdoctoral Research Fellow at the NYU Stern School of Business. From 2011 to 2017, he was an Assistant Professor in the Department of Economics and Business at Universitat Pompeu Fabra, where he has held a tenured position there since 2017.

His research focuses on banking and international finance issues, and has been widely published in academic journals, including the American Economic Review, the Quarterly Journal of Economics, the Review of Economic Studies, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies.

He has also published books on Systemic Risk, Crises and Macroprudential Regulation (MIT Press), Systemic Financial Crises: Containment and Resolution (Cambridge University Press), and Deposit Insurance Around the World: Issues of Design and Implementation (MIT Press). He is a Professor of Finance at Tilburg University, Research Fellow of the Centre for Economic Policy Research (CEPR), Chair of the ESCB Heads of Research Committee, Chair of the Steering Committee of the Euro Area Business Cycle Network, and Editor of the Journal of Money, Credit, and Banking. He studied at Tilburg University, the University of Amsterdam, and the London School of Economics.

He received his PhD in Economics from Stanford University in 2022 and subsequently spent a year as a postdoctoral fellow at the Center for Monetary Policy and Financial Stability (CeMoF) in Stockholm. He holds a BA in Economics from the University of Cambridge and an MSc in Economics from the London School of Economics and previously worked as a fixed-income trader at Morgan Stanley in London.

Ciaran’s research lies at the intersection of monetary economics, finance, and household finance. One strand of his work studies how different monetary policy regimes shape the tools available to central banks and their effects on financial markets, with a particular focus on quantitative easing and central bank asset purchases. His recent work also examines the life insurance industry, in particular how low interest rates and quantitative easing affect insurers’ investment behavior and household demand for life insurance products. A second strand of his research uses quantitative life-cycle models to understand household financial decisions, including portfolio choice, saving, and demand for insurance products.

Her research lies in macroeconomics and monetary economics, with a methodological focus on text analysis, machine learning, and Bayesian vector autoregression. Her job market paper, Reading Between the Lines: Uncovering Inflation Expectations from Multilingual Media Coverage, uses natural language processing to trace how media shapes expectations across languages and regions. Her broader work includes research on identifying monetary policy shocks through natural language processing and on how the trade-off between inflation and real activity differs across monetary policy regimes from a historical, multi-country perspective.

Alexandra has deepened her research experience through a Ph.D. Internship in the research department at Sveriges Riksbank and a research visit to the University of Texas at Austin. Earlier in her career, she gained policy experience in the global Forecast and Analysis unit at the Swiss National Bank and worked as a private client advisor at Raiffeisen Switzerland.

Her research lies at the intersection of empirical and structural macroeconomics, with a particular focus on inflation dynamics, energy and food shocks, multi-sectoral production networks, and household heterogeneity. Her recent work examines the transmission of supply-driven shocks to underlying inflation and consumption inequality, using both microdata and structural macroeconomic models.

She completed her PhD in Economics at the University of Oxford in 2026. Prior to that, she studied at the London School of Economics, UC Berkeley, and Freie Universität Berlin. She has taught macroeconomics and international trade at the University of Oxford and has held positions at the European Central Bank, the International Monetary Fund, and Goldman Sachs (CEEMEA Macro Research).

Her research spans corporate finance, financial intermediation, banking and monetary policy, entrepreneurship, corporate governance, sustainability, production networks, and trade credit.

Her work has appeared in leading journals, including the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Political Economy, and Management Science. It has also informed policy discussions at the European Central Bank, Federal Reserve, International Monetary Fund, and U.S. Securities and Exchange Commission.

Her honours include the Assar Lindbeck Medal, an ECGI Fellowship, the Rising Star in Finance Award, the Sun Yefang Financial Innovation Award, the ECB Lamfalussy Research Fellowship, and numerous best paper awards. She is the Managing Editor of the Journal of Financial and Quantitative Analysis and an Associate Editor of the Journal of Finance and the Journal of Financial Economics. She has also served as a director of major international finance associations and has advised the European Central Bank and the European Commission.

Giannetti holds a Ph.D. in Economics from UCLA and bachelor’s and master’s degrees from Bocconi University.

Prior to this, he served as Principal Counsellor to the President from February 2017 to September 2025, and as Counsellor to the Executive Board from May 2013 to January 2017. He also previously held positions in the Directorate-General Research as well as the Directorate-General International & European Affairs at the ECB. Prior to joining the ECB in 2006, he worked in the Monetary and Capital Markets and the Asia and Pacific Departments at the International Monetary Fund.

Mr Straub received his PhD from the European University Institute in Florence, Italy. He has published research articles in several academic journals, including the Journal of Monetary Economics, The Review of Economics and Statistics, the Journal of International Economics, on fiscal and monetary policy and on international macroeconomics.