WASHINGTON - Demand for commercial loans has remained robust so far this spring, but mortgage lending has slowed, according to a Federal Reserve Board report released Wednesday.

The report said "demand for commercial and industrial loans was reported to be high in 11 districts, while Dallas noted a slight softening." The 12th district, the Federal Reserve Bank of Minneapolis, described commercial lending as "steady as she goes," noting that "businesses had adjusted well to a higher interest rate environment."

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