arcadepc| Citi CEO: U.S. consumers are becoming more cautious about spending

Gelonghui April 30| Citigroup CEO Jane Fraser saidarcadepcAmerican consumers have become more cautious about spending and are buying less and less. Fraser told shareholders at the bank's annual meeting on Tuesday that consumers remain healthy and resilient, but we are seeing U.S. consumers becoming more cautious and picky about their spending patterns. She added that customers with lower credit scores are sendingarcadepcTheir spending shifted from credit cards to debit cards.