poa_before = data.query("poa==1 & jul==0")["deposits"].mean()
+poa_after = data.query("poa==1 & jul==1")["deposits"].mean()
+fl_before = data.query("poa==0 & jul==0")["deposits"].mean()
+fl_after = data.query("poa==0 & jul==1")["deposits"].mean()
+plt.figure(figsize=(10,5))
+plt.plot(["May", "Jul"], [fl_before, fl_after], label="FL", lw=2)
+plt.plot(["May", "Jul"], [poa_before, poa_after], label="POA", lw=2)
+
+plt.plot(["May", "Jul"], [poa_before, poa_before+(fl_after-fl_before)],
+ label="Counterfactual", lw=2, color="C2", ls="-.")
+
+plt.legend();