Quote:
Originally Posted by lucid
I doubt that Fed's decision will change BMW's thinking on price. Fed meets often, and they mess with the interest rates all the time, so I don't see how a company can base product pricing on a monthly decison associated with a variable that fluctuates.
|
I agree - but they will have a view on the EUR/USD w/ the associated likely 'rate spread / level of hedging that BMW AG will place over the next 12 - 24m.