Jacopo Cimadomo is Lead Economist in the Directorate General Economics of the European Central Bank. He has been working for the ECB since 2008. Before joining the ECB, he worked for the Italian Ministry of Finance, in Rome, and at CEPII, in Paris. He holds a master degree and a PhD in economics and statistics from the Free University of Brussels (ULB) and a bachelor degree in economics from Bocconi University, Milan. His research interests cover fiscal policies as well as monetary policy,