Visa Stock Falls Amid Fed Uncertainty, Tariff Inflation Risks: What's Going On Recently?
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Visa shares have fallen 4% to $322.90 amid rising macroeconomic uncertainty and concerns over consumer spending and cross-border transactions. Federal Reserve Chair Jerome Powell's comments on slowing U.S. economic growth and inflation risks from new tariffs have added to market jitters. This situation poses challenges for Visa, including reduced discretionary spending and potential impacts on its global e-commerce operations. Political tensions surrounding Powell's position have further unsettled investors, leading to increased bond yields and a weaker dollar, which could affect Visa's cross-border business.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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