Citigroup CEO Fraser: America Builds What It Needs

Citigroup chief executive Jane Fraser said the U.S. remains well-positioned to meet shifting global demand, arguing that the country's capacity to manufacture and innovate gives it a durable advantage. Appearing on Fox Business's "Mornings with Maria," she addressed the latest consumer price index report and its implications for the Federal Reserve's next moves.

Fraser discussed the latest CPI data and the Fed's rate path without signaling a specific expectation. She stressed the central bank's data-dependent approach, balancing price stability against a resilient labor market.

On the dealmaking front, Fraser suggested that regulatory scrutiny has slowed some corporate transactions, but she sees appetite for M&A returning as clarity improves. She also highlighted the growing importance of AI investments, calling them a structural driver for capital spending across industries, including financial services.

Ultimately, Fraser framed the broader narrative around American resilience. In a world where supply chains and geopolitical alignments are in flux, she argued that the ability to build what is needed - from energy to technology - will keep the country at the forefront of global competition.