According to Gatsby, markets are concerned that inflation could rise again, and a jump in oil prices to $5 per gallon could put pressure on supply chains. An FDE representative noted that this could slow economic activity but expressed hope that the increase in energy prices will be temporary. However, Gatsby warned that if high inflation persists for an extended period, it could become permanently embedded in the economy. Describing the current situation as "complex," Gatsby stated that the Federal Reserve lacks a clear roadmap for determining the direction of its policy. Gatsby said that the labor market is generally stable, but growth remains weak, adding that rising oil prices could trigger a stagflation shock and lead to a resurgence of inflation. On the other hand, Gatsby stated that questioning the independence of the Federal Reserve would be "a bad idea," asserting that the current legal framework contains no obligations to guarantee satisfaction for either the stock market or political authorities. #GateSquareAprilPostingChallenge