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Citizens Financial Group CEO: US Consumers Cautious But Still Spending, Expects Federal Reserve Not to Raise Rates in Short Term
Bruce Van Saun, CEO of Citizens Financial Group, stated in a Bloomberg interview that the U.S. economy is performing strongly, with consumers continuing to spend despite being cautious, and having found ways to absorb higher energy costs. He also anticipates that the Federal Reserve will not raise interest rates in the short term.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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