mpmarty
New member
The new BMWs and other imported bikes are going to see some price pressure soon. Mr. Bernake (sic) of the US Federal Reserve said in a speech recently:
A weaker dollar helps the Fed achieve its dual mandate, by making US exporters more competitive - stimulating job creation - and by increasing inflation through higher import prices.
The dollar has lost 15% of its value against the euro since early June, on growing speculation that a slowdown in the US economy in the second half of the year would force the Fed to ease monetary conditions further