Mastercard CEO Michael Miebach thinks it will be a merry holiday season despite fears of a U.S. recession.
“Currently, based on the data that we we have, there is no such indication [of a recession],” Miebach told Yahoo Finance Presents in an exclusive interview (video above). “The consumer is resilient, and that resilience will last. We have no indication that there is a near-term recession.”
Miebach’s comments on a recession echo what rival CEO Stephen Squeri at American Express recently…
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