 I think it's a very tricky thing. Anything he does will be seen as being political. And ultimately, even if there is a cut, there's a delayed reaction against it. So as he's still trying to contain the inflation monster, he's in a very difficult position. Even if there's a cut, does it materially impact election? Probably not at this point, other than signaling and messaging. But it's still a very challenging thing because inflation has not gone away.