Business & Finance
Citizens CEO Says Consumers Are Cautious, But Spending
Key Points
Citizens Financial Group CEO Bruce Van Saun says the US economy is strong and consumers are spending, but they are cautious. He says customers have figured out how to absorb higher energy costs. He also doesn't expect the Federal Reserve to raise interest rates soon.
Citizens Financial Group CEO Bruce Van Saun says the US economy is strong and consumers are spending, but they are cautious. He says customers have figured out how to absorb higher energy costs. He also doesn't expect the Federal Reserve to raise interest rates soon. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)