 But it's something that we all have to keep in mind. So overall, I would say the IMF is more in warning mode about what could worsen the situation. But I think from a U.S. context, we can still be optimistic that we're going to see inflation cool a bit more in the coming months. Courtney, I want to ask you about a piece that you wrote actually last week on something called quiet tightening, which was a new term for me. What does that mean and why does it matter?