Jobs growth 480k better than the expected 380k in quite a large...

Jobs growth 480k better than the expected 380k in quite a large degree while wages growth was flat, so it rhymes well with what Powell said and hence not likely to impact their current announced trajectory. Good news for the market is that fears of recession may ease for now but with tight labour market still intact, inflation will remain a concern , hence minimal impact on the market that so far is fairly neutral in digesting the data.