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.
The US Open kicks off in NYC, and USTA Chairman Dr. Brian Hainline discusses tennis’s growth, Djokovic's worries about pickleball, and the sport's future.
Hero Bread's viral low-carb, keto-friendly croissant, backed by celebrity investors like Tom Brady and Kevin Durant, is revolutionizing healthy eating.
Fed Chair Jerome Powell's Jackson Hole speech on Friday is expected to align with market expectations of upcoming rate cuts, likely beginning in September.