About the Author

Luke Tilley

Chief Economist

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.

By the Author

Jobs Report Clears the Way for Another Fed Hike

Luke Tilley |
Wilmington Wire
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December 7, 2018 – The continued volatility in equity markets along with several other market signals have whipsawed the expectations for another Fed rate hike at their final meeting of the year on December 19. The probability of that hike as measured by fixed income traders in the Fed Funds Futures market has in recent