Westpac’s Bill Evans has finally been tipped out of the top spot in the cash rate forecasters table, after 12 months at the top. Citi have now grabbed the mantle while ANZ continue their post-Eslake slide.
Also of note is the continued improvement in the DIX index, which measures the standard deviation of cash rate forecasts amongst different forecasters. It’s starting to trend back towards its long-term average, which indicates that the economists are once again starting to sing from the same hymn sheet.
