Quote:
Originally Posted by Epacy
Who wants to bet that BMWUSA will release the pricing very shortly after tomorrows Fed meeting? I bet they are waiting to see how much Bernanke is cutting the interest rate and will be releasing the pricing promptly after that.
|
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.