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

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Eamonn Sheridan

22/12/2021 | 02:32 GMT

MS citing the failure (so far) of Biden's Build Back Better due to the Manchin "No".

Ear;lier ion the week we had similar from Goldman Sachs:

Goldman Sachs has lowered its US economic growth forecast

Morgan Stanley:

lowers 2022 forecast to 4.6% from 4.9%
citing failure of BBB
sees unemployment at 3.6% by Q4 (unchanged forecast)

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