Timo Reinelt is an economist in the Economic Research department at the Federal Reserve Bank of San Francisco. He previously worked for the European Central Bank. He received a Ph.D. in Economics from the University of Mannheim, a Master in Economics (M.Phil.) from the University of Oxford, and a Bachelor in Economics (B.Sc.) from the University of Tübingen. His research is on macroeconomics and monetary economics, with a focus on firm dynamics.