 New Zealand Dollar bounces broadly in quiet Asian session, partly underpinned by notable improvement economic data which showed that the services sector has swung back into expansion at the start of 2024. Additionally, economists are increasingly expecting that more work is needed by RBNZ to cool the economic to bring down inflation. BNZ Bank said that it has postponed its expectation of an RBNZ rate cut to November from an earlier prediction of August. This adjustment comes amid lively discussions about RBNZ's policy path, especially in the wake of ANZ's projection of an additional rate hike in February. BNZ's head of research cautioned against further hikes, highlighting easing labor market conditions, increasing spare capacity, and declining inflation as reasons why another increase would constitute a policy misstep. Despite these concerns, the expectation that interest rates will remain at their current high levels continues to lend support to the Kiwi... | 
