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.
June 27, 2019—Facebook’s June 18 announcement about the launch of Libra, a proposed new cryptocurrency, has sparked a renewed interest in the digital currency world. Libra is intended to be a new form of digital money that can be used to make purchases or transfer funds, domestically and globally, at a very low cost, using just a mobile phone.
June 6, 2019 – After closing out the month of May on a sour note due to sharply escalating U.S. trade tensions with both China and Mexico, the equity market rallied sharply on Tuesday in response to comments from Fed officials that were perceived as being more open to the possibility of rate cuts going forward. Chair Powell mentioned in a speech this week that the Fed would “act as appropriate to sustain the expansion,” while the St.
May 22, 2019 – While 2018 was a notable year for growth in the economy, with GDP expanding at a solid pace of 2.9%, it was also notable for the lack of growth coming from the housing sector. After making modest positive contributions to annual GDP growth in each year of the recovery since 2012, investment in the housing sector by businesses and households (known as residential investment in the GDP accounts) was nearly flat in 2018 (Figure 1).
