Mastercard's Michelle Meyer: Consumers 'Ready to Shop'
PositiveFinancial Markets

- Michelle Meyer, Chief Economist at Mastercard Economic Institute, stated that consumers are engaged and prepared to shop this holiday season, indicating a positive outlook for retail spending despite potential volatility.
- This development is significant for Mastercard as it suggests a robust consumer sentiment, which could lead to increased transaction volumes and revenue during a critical shopping period, benefiting the company's overall financial performance.
- The anticipation of consumer spending aligns with broader market trends, including expectations of a dovish pause in interest rates, which may further stimulate economic activity and consumer confidence.
— via World Pulse Now AI Editorial System







