They are particularly active right now because they took too long to start raising rates to begin with, and are now kind of frantically correcting. Given the ci

They are particularly active right now because they took too long to start raising rates to begin with, and are now kind of frantically correcting. Given the circumstances I don't think there's much else they can do; they should have started gently raising rates in the spring or summer of 2021 and then the current intervention might not have needed to be so dramatic, but we can't undo the past.