U.S. Treasury economist sees inflation pressures easing as pandemic recedes

WASHINGTON, Jan 31 (Reuters) - U.S. inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic, the U.S. Treasury's top economist said on Monday.

In a statement released alongside the Treasury's quarterly borrowing estimates, Assistant Secretary for Economic Policy Ben Harris said he expects energy prices to stabilize in 2022, but geopolitical instability could push prices higher. (Reporting by David Lawder and Andrea Shalal in Washington )