Bank Lending Stalls on Doubts About Trump’s Pro-Growth Agenda
ByJamie Dimon, the chairman and chief executive of JPMorgan Chase, played down worries over loan growth on Thursday, saying, “I wouldn’t overreact to the short-term thing about loan growth.”
CreditMolly Riley/Agence France-Presse — Getty Images
Many business owners and corporate executives have expressed unbridled optimism that President Trump can fuel economic growth and increase their profits.
Their borrowing habits, however, may tell a different story.
Some of the nation’s top bankers said on Thursday that businesses were feeling less certain that Mr. Trump can pull off his ambitious agenda to deregulate and cut taxes…
Bank Lending Stalls on Doubts About Trump’s Pro-Growth Agenda