As a member of Wilmington Trust’s Investment Committee, Luke develops forecasts of the U.S. and international economies, as well as researches emerging issues to support and enhance the firm’s investment strategy. Luke is also responsible for communicating the economic outlook and investment strategy to clients and the public.
Prior to joining Wilmington Trust in 2015, Luke was Officer and Economic Advisor with the Federal Reserve Bank of Philadelphia. Earlier in his career, Luke worked as a senior economist at IHS Global Insight and as an economist for the U.S. Department of Housing and Urban Development.
Luke holds a master’s degree and Ph.D. in Economics from Temple University, and a bachelor’s degree in Economics and History from James Madison University. He is an former adjunct faculty member at Temple University and formerly served on the board of directors of the Pennsylvania Economic Association. In addition, Luke is President of the Philadelphia Council for Business Economics, a chapter of the National Association for Business Economics.
March 22, 2018 — In his first meeting as Chairman of the Federal Open Market Committee (FOMC) of the Federal Reserve (Fed), Jay Powell found himself presiding over a group of officials who are becoming increasingly confident in the outlook for growth and inflation, and by extension are increasingly confident of their plans to raise
January 30, 2018— As the Federal Reserve’s Open Market Committee (FOMC) meets this week to discuss interest rate policy, it will mark a changing of the guard in several significant ways. Most obvious is the end of Janet Yellen’s tenure as chair (which formally goes into effect on February 3) and the start of Jay
December 11, 2017—This year’s holiday season is more frenetic than usual, with investors getting an added dash of craziness in the form of a major federal tax overhaul, a feat last achieved in 1986. That last rewrite was a bipartisan effort between President Reagan and the Democrat-controlled House and Senate, and evolved over the course
