Mastercard CEO says consumers' fears about the economy haven't affected their spending yet: 'They still want to make that trip'

Though consumers may have fears about economic uncertainty, they're still spending as usual, according to Mastercard's CEO.

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• Consumer confidence levels may be dropping, but consumer spending doesn't reflect it.
• That's according to Mastercard CEO Michael Miebach, speaking at Semafor's World Economy Summit.
• "The consumer today is an empowered consumer that will still stick to what they want to do," he said.

Consumer confidence has taken a hit amid economic uncertainty...