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1.0https://financeworld24.comFinance World 24https://financeworld24.com/author/emreonyurt/Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending -rich600338<blockquote class="wp-embedded-content" data-secret="M4Trv72yLu"><a href="https://financeworld24.com/citigroup-ceo-jane-fraser-says-low-income-consumers-have-turned-far-more-cautious-with-spending/">Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://financeworld24.com/citigroup-ceo-jane-fraser-says-low-income-consumers-have-turned-far-more-cautious-with-spending/embed/#?secret=M4Trv72yLu" width="600" height="338" title="“Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending” — " data-secret="M4Trv72yLu" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://image.cnbcfm.com/api/v1/image/107411038-17150173831715017381-34417261320-1080pnbcnews.jpg?v=1715017383&w=750&h=422&vtcrop=y600338Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder for many Americans. Fraser, who leads one of the largest U.S. credit card issuers, said she is seeing a “K-shaped consumer.” That means the affluent continue to spend, while lower-income Americans have become more cautious…