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Citizens Bank boss talks about inflation, recession, and why CEOs are wary of social issues

Some "will be negatively impacted," including home buyers. But, unlike with past rate hikes, "consumers are flush with cash," says Citizens Bank CEO Bruce Van Saun.

Citizens Bank's Rittenhouse Square branch. CEO Bruce Van Saun says higher interest rates benefit banks because they have been able to boost loan rates while raising customer deposit yields more slowly.
Citizens Bank's Rittenhouse Square branch. CEO Bruce Van Saun says higher interest rates benefit banks because they have been able to boost loan rates while raising customer deposit yields more slowly.Read moreCitizens Bank