Mastercard, Visa Card Spending Growth Hurt by Shutdown, Dollar

Visa warns consumer spending could be crimped in the first three months of the year.

By Jenny Surane | January 31, 2019 at 08:52 AM

Cardholder spending on Visa Inc. and Mastercard Inc. networks didn't hold up as well as analysts predicted during the last three months of 2018 amid the U.S. government shutdown, President Donald Trump's burgeoning trade war and a strengthening U.S. dollar.

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