Lending growth has recently been slowing in the U.S., a potentially ominous economic signal. Policy uncertainty under President Donald Trump may be partly to blame.
Total loans and leases by U.S. commercial banks are currently rising at an annual pace of about 5%, based on weekly seasonally adjusted data from the Federal Reserve. That is down from a 6.4% pace for all of last year and peak rates of around 8% in mid-2016.