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

The Housing Market: To worry or not to worry?

Rhea Thomas |
Wilmington Wire
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August 8, 2018— Recent data have raised concerns about a slowdown in the housing market.  After a solid 2017, in which both existing and new home sales posted their strongest readings since 2006 and 2007, respectively, 2018 has been a lackluster year in comparison. Sales of existing homes in the housing market, which account for

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Rising Capex and its Relationship with Productivity: Just a matter of time?

Rhea Thomas |
Wilmington Wire
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June 28, 2018—One of the much-heralded benefits of tax reform enacted at the end of last year was the expectation of a boost to GDP due to strong incentives for companies to increase capital expenditures, or “capex.” With companies now having had nearly six months to digest the tax reform package, economists and markets have

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Federal Reserve Announces Rate and Other Changes: Steady Sailing Ahead

Rhea Thomas |
Wilmington Wire
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June 14, 2018—The much-awaited June meeting of the Federal Open Market Committee, or FOMC, (which votes on monetary policy actions for the Federal Reserve, or Fed), saw the federal funds target rate raised just as markets expected, by 25 basis points (bps), to 1.75%–2.00%. A few elements of the committee’s statement and press conference are

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