I've reached a steady state where the rate of learning matches the rate of forgetting
That's one of several possibilities. I've reached a different steady state - one where the velocity of work exceeds the rate at which I can learn enough to fully understand the task at hand.
to fix that you basically need to switch specialty or focus. A difficult thing to do if you are employed of course.
How old are you? At 39 (20 years of professional experience) I've forgotten more things in this field than I'm comfortable with today. I find it a bit sad that I've completely lost my Win32 reverse engineering skills I had in my teens, which have been replaced by nonsense like Kubernetes and aligning content with CSS Grid.
And I must admit my appetite in learning new technologies has lessened dramatically in the past decade; to be fair, it gets to a point that most new ideas are just rehashing of older ones. When you know half a dozen programming languages or web frameworks, the next one takes you a couple hours to get comfortable with.