Barclays have not revised their US GDP forecasts lower after the Build Back Better failure

Barclays (probably in a justifiably smug tone of voice ;-) )

• What effect will [the BBB failure] have on our baseline US outlook? In short, nothing
• We never felt confident enough ... to include it in our baseline outlook for the US economy
• Our official forecast includes 6.0% q/q saar in Q4 21 and 3.4% growth for 2022 (Q4/Q4)

Earlier:

• Morgan Stanley cuts its US GDP forecast for 2022 to 4.6% (from 4.9%)

• Goldman Sachs has lowered its US economic growth forecast