[huevosabio]

I don't think anyone in such position would do a simple regression to guess interests.

In 2020 and 2021, we already had tons of talk of upcoming inflation due to the stimulus pacjages. I myself took some precautions, and I am really not at all savvy.

The management team of a major bank would certainly be aware of the risk of inflation given the massive uptick in money supply and that the fed would be forced to raise interests as soon as the inflation manifests.

I think incompetence is an easier explanation. Years of ZIRP bubbled incompetent or lazy people to the top.