Westpac Chief Economist Bill Evans

Westpac Chief Economist Bill Evans

Tony McDonough/Bloomberg

Bill Evans, chief economist at Westpac Banking Corp., is seen in this 2011 file photo. Evans, the first to call the easing cycle that began late in 2011, said he’s still predicting two rate cuts in the second half, forecasting joblessness will rise to a 12-year high and subdued wages will keep a lid on inflation.