US interest rates: Tom Porcelli warns of creaking labour market as chaos reigns in America

Opinion As chaos reigns in the US, Porcelli warns of creaking labour market Tom Porcelli built up a loyal following as RBC’s chief economist. He’s returned to Australia with a $US1.4 trillion manager and a bleak outlook for America. https://www.afr.com/markets/debt-markets/as-chaos-reigns-in-the-us-porcelli-warns-of-creaking-labour-market-20250610-p5m68n