Economist

Andrea Ajello

Assistant Director · Division of Monetary Affairs
Board of Governors of the Federal Reserve System

I am an Assistant Director in the Division of Monetary Affairs at the Board of Governors of the Federal Reserve System, overseeing the Macro-Financial Analysis section. My primary research fields are Macroeconomics, Financial Economics, and Applied Econometrics, with a focus on interest rate policy, financial stability, and inflation dynamics.

Fed Profile Curriculum Vitae andrea.ajello [at] frb.gov →

Selected Recent Work

Current Research

Working Paper · Submitted 2025

Financial Market Effects of FOMC Communication: Evidence from a New Event-Study Database

with M. Acosta, M. Bauer, F. Loria, S. Miranda-Agrippino

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Working Paper 2023

More than Words: Twitter Chatter and Financial Market Sentiment

with T. Adams, D. Silva, F. Vazquez-Grande

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FEDS Notes 2024

Financial Conditions and Risks to the Economic Outlook

with G. Favara, G. Marchal, B. Szőke

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Review of Financial Studies 2020

Core and Crust: Inflation Dynamics and the Term Structure of Interest Rates

with L. Benzoni, O. Chyruk

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