The "Price Stability"

Tyler Durden's picture

With bankers and politicians arguing over their mandates and who should move first fiscally or monetarily, we thought a look at the success of 'price stability' as the 'backbone' of European central bankers day-to-day work would be useful.

Without comment - the week-over-week change in EURCHF:

Chart courtesy of Bloomberg

For context, this latest spike is another 8 standard deviation move on a weekly basis - nothing to see here, move along.