About the Author

Rhea Thomas

Economist

Rhea is an Economist at Wilmington Trust, responsible for monitoring and analyzing economic developments in domestic and international economies.

Prior to joining Wilmington Trust, Rhea served as Vice President in Foreign Exchange Sales at Lehman Brothers, where she provided primary sales coverage to institutional clients. Earlier in her career, she focused on foreign exchange research, where she helped to build models and write publications to explain currency market movements and trade ideas.

Rhea holds a bachelor’s degree in Economics and International Studies with Distinction from Yale University.


By the Author

Fed hikes rates, but signals slower and more uncertain path of hikes for the future

Rhea Thomas |
Wilmington Wire
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December 20, 2018 – The Federal Open Market Committee (FOMC) hiked the target Fed Funds rate as expected yesterday by 25 basis points from 2.25% to 2.50%.  The statement and press conference suggested that the outlook for the U.S. economy was one of decelerating but still solid growth, underscored by labor market tightness. However, it

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The Fed’s Early Holiday Gift for Markets: Two Turtle Doves?

Rhea Thomas |
Wilmington Wire
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Fed Chair Powell’s speech at the Economic Club of New York on November 28 brings to mind “The Twelve Days of Christmas,” the age-old English Christmas carol that seems to be ubiquitous on the radio and in stores around this time of year. After Powell’s notably hawkish Oct 3 comments about rates being “a long

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U.S.–Mexico–Canada Agreement: Phoenix rising out of the ashes of tariff wars?

Rhea Thomas |
Wilmington Wire
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October 2, 2018— After weeks of bargaining, surrounded by bluster and grandstanding suggesting that the demise of NAFTA as a trilateral agreement might have been near, Canada and the United States were able strike a deal at the eleventh hour on September 30 in an attempt to salvage NAFTA, just over a month after Mexico

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