About the Author

Rhea Thomas

Senior Economist

Rhea is a Senior 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

Supply Chain Disruptions: Adding to Upside Inflation Risks

Rhea Thomas |
Wilmington Wire
Europe seen from space, combined with different financial charts. Perfectly usable for topics like global stock markets or the European economy. Highly detailed image, textures courtesy by NASA:
https://visibleearth.nasa.gov/images/55167/earths-city-lights,
https://visibleearth.nasa.gov/images/73934/topography,
https://visibleearth.nasa.gov/images/57747/blue-marble-clouds/77558l

April 9, 2021Recent supply chain disruptions are likely to add to near-term inflation pressures by constraining the supply of goods and services in the economy, just as demand is set to bounce back.Longer-term inflation will remain dependent on the interaction of consumer and market inflation expectations, and the Fed’s new approach to monetary policy.

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Is it the Economy, Stupid?

Luke Tilley and Rhea Thomas |
Wilmington Wire
Julia_Sudnitskaya

October 30, 2020 — Yes, like many others we’re harkening back to James Carville’s famous statement from the 1992 election of the importance of the economy to voters. The trite expression would likely have been retired by now were it not so accurate. Yet in 2020, it comes with the caveat that this year’s recession was brought on by the most exogenous of events, a global pandemic, and less likely to be pinned on whoever is currently at the wheel.

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The Housing Market and the Recession: This Time Really is Different, But Will it Last?

Rhea Thomas |
Wilmington Wire
Chainarong Prasertthai

October 16, 2020—The housing market’s role as one of the key drivers of the current recovery has been notable and stands in stark contrast to its role as a key driver of the last recession (2008–2009). The housing market’s surprising resilience is due in part to pandemic-induced demand for housing, in addition to ultra-low interest rates and pre-pandemic demographic trends.

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Cuts to Immigration Could Weigh on Long-Term Economic Growth

Luke Tilley and Rhea Thomas |
Wilmington Wire
blog_10.jpg

August 29, 2017— The topic of immigration is frequently in the news though typically with a focus on illegal immigration and the politically charged issues of a wall on the southern border, deportations, and the Deferred Action for Childhood Arrivals (DACA) policy, to name a few. We took note recently when two senators, Tom Cotton (R-AR) and David Perdue (R-GA), proposed legislation to affect legal immigration, a plan that was endorsed by President Trump.

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