Christian Garciga

Research and Analysis

Our research informs the public and policymakers by examining economic issues of importance to those in our local communities, across the nation, and around the world.
- Research teams
- Publications
  
  We publish research and analyses to keep audiences informed of economic trends in our region and nationwide. View latest releases or explore our archive.
- Events
- Inflation questions?
  Visit our Center for Inflation Research for all things inflation—from general information on how inflation works and why it matters to the latest data and analysis on current inflationary trends.

Region and Community

We represent and gather information from the Fourth Federal Reserve District, spanning Ohio and parts of Pennsylvania, West Virginia, and Kentucky. These resources are useful for our region, the communities we serve, and communities across the United States.
- Our region
  
  Learn about our work to advance understanding of economic trends affecting the Fourth District.
- Our communities
- By topic
  
  Looking for the Fed’s work on a particular subject? Narrow your search to the areas that interest you.
- Register to attend!
  Join us in Cleveland or virtually on June 26–27, 2025, for our 17th Policy Summit, as we explore research and innovative strategies for "Building Strong and Sustainable Communities."
  
  Interested in other events? Check out our Fed Talk series.

Education

Learn economic basics, dive into inflation, and get educational resources and games for yourself or to share with others.
- What’s new?
  
  Explore the latest educational resources from the Cleveland Fed—from interactive articles and video explainers to games.
  - Infographics on Inflation
  - Inflation 101
- Financial Literacy and Career Readiness
  
  Browse the Cleveland Fed’s suite of programs and resources for informative ways to learn about personal finance or career readiness.
- Visits and tours
  
  Visit us to learn more about our history and our ongoing work to promote financial literacy throughout our region.
  - Visit Us
- Financial Literacy Curriculum
  Learn more about resources supporting required high school, middle school, and elementary school financial literacy courses.

Banking and Payments

We supervise financial institutions, support American consumers’ financial security, and maintain the financial stability and payment systems for the US Treasury.
- Banking research and tools
  
  The Cleveland Fed provides a range of tools for tracking trends in the lending environment.
- For consumers
  
  Learn about the resources we offer to help people in the community navigate the financial system.
- For financial institutions
  
  Understand the various requirements for Fed-chartered financial institutions and discover the range of services available to them—from cash services and reserve balance data to the discount window.
- Supporting the financial system
  
  Find out how the Cleveland Fed supervises member banks to ensure financial-system stability and support the US Treasury.

About Us

We serve the American people as part of the US central bank. We support the US economy and our region by studying economic conditions and issues that impact our communities, serving financial institutions, and providing economic education and resources for all.
- Our leadership
  
  Meet the individuals leading our mission, including the president and executive leadership team, advisory council members, and the boards of directors of each Cleveland Fed branch.
- Who we are and what we do
  
  The Fed does more than inform monetary policy. Learn about the mission, structure, and role of our organization, both regionally and nationally.
- Sharing our work
  
  Community outreach, education, and research are central to the Fed’s mission. Connect with us as we share our work, latest publications, and welcome you to visit our learning center.

Christian Garciga

Person

Areas of Expertise AI, NLP, monetary policy, empirical macroeconomics, forecasting

BSBA,
Economics,
University of Florida,

BA,
Political Science,
University of Florida,

MA,
Economics,
Duke University,

Christian Garciga is an economic analyst in the Research Department at the Federal Reserve Bank of Cleveland. In this role, Mr. Garciga conducts research and works on special projects related to monetary policy. His research focuses on leveraging AI and natural language processing (NLP) to derive insights from unstructured data relevant to monetary policy, macroeconomics, and forecasting.

Prior to rejoining the Research Department as an economic analyst in 2021, Mr. Garciga served as a data scientist in the Bank’s Supervision and Regulation division and as a research analyst in the Research Department.

Mr. Garciga holds a BSBA in economics and a BA in political science from the University of Florida and an MA in economics from Duke University.

“Robust Covariance Matrix Estimation and Identification of Unusual Data Points: New Tools.” With Randal Verbrugge.Research in Economics, 2021.

“Forecasting GDP growth with NIPA Aggregates: In Search of Core GDP.” With Edward S. Knotek II.International Journal of Forecasting, 2019, 35(4): 1814-1828.

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