Economist Luke Tilley Talks Navigating Market Volatility, Bank Failures & Fed Rate Hike

Luke Tilley, the chief economist at Wilmington Trust, joined Cheddar News to discuss the state of the economy, the Fed's rate hike in the midst of market volatility and bank failure concerns. "So on the more encouraging side, we do see goods prices coming down. We think that the shelter indices part of CPI and PCE will be coming down because we've seen the turn in housing prices just in the market data," he said.

More In Business

Ready 4 Work: How to Format Your Resume

How to format the perfect resume.

What to Know About Online Romance Scams

What you need to know about online romance scams.

Income Inequality Grew During Pandemic

According to a new survey from the Federal Reserve, income inequality grew during the pandemic.

Costco CEO Stepping Down in January

Costco CEO Stepping Down in January

Netflix Sees Subscriber Growth After Password Crackdown

Netflix Sees Subscriber Growth After Password Crackdown

Existing Home Sales Hit Lowest Level in 13 Years

Existing Home Sales Hit Lowest Level in 13 Years

Fed Chair Jerome Powell Says Inflation Still Too High

Fed Chair Jerome Powell Says Inflation Still Too High

Delta Air Lines Slightly Backtracks Frequent-Flyer Changes

Delta Air Lines scaled back changes to its loyalty program after getting backlash.

Netflix Subscribers Grow After Password Crackdown

Netflix has reported that its password crackdown has led to growth in subscriber numbers, announcing it added 8.8 million subscribers worldwide between July and September.

Stocks Fall After Jobless Claims Report and Ahead of Fed Chair Remarks

Stocks fell slightly after jobless claims numbers and ahead of remarks from Fed Chair Jerome Powell.

Load More