Visa says you can thank the labor market for strong spending

T1Covered by 1 source · first reported by American Banker (headlines) at 27 Oct, 23:52 UTC

CEO Ryan McInerney said during the company's fiscal fourth quarter earnings call that a strong labor market was driving the uptick in consumer spending, despite widespread uncertainty. His comments came as Visa posted its highest rate of annual revenue growth in more than 15 years.

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Sources

• T1Visa says you can thank the labor market for strong spendingAmerican Banker (headlines)27 Oct, 23:52