Where are you comparing it to? In my experience the quietest subways are from the past 20 years or so. BART first started running in ~1970.
The screeching is absolutely loud for a subway, though I think the noise all together isn't so bad relative to other subways.
[0]: https://ww2.kqed.org/news/2016/08/02/why-are-bart-trains-so-...