Atlanta Fed's Venable Says Inflation Is Too High, With Same Message Heard From Contacts Across The Southeast; Central Question Is Whether Price Pressures Will Recede In Coming Months, With Much Depending On Outcome Of Middle East Conflict; Job Market Appears Broadly Stable; Understanding Of Maximum Employment Influenced By Fact That Labor Supply Is Stagnant, An "Unusual Circumstance" For The U.S.; There Are "Nuanced Risks" To The Fed's Inflation And Jobs Mandates