U.S. consumers' outlook on the expected path of inflation was mixed in December amid rising worries about households' ability to make debt payments, a survey by the New York Federal Reserve showed on Monday.

U.S. consumers expect longer inflation impact, tempered income growth, and mixed job market outlook, according to the NY Fed's survey.

Argentina's monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts polled by Reuters.

A New York Federal Reserve survey indicated that U.S. consumers’ inflation expectations rose over the medium term but declined over a five-year horizon. According to the December 2024 Survey of Consumer Expectations conducted by the Federal Reserve Bank of New York’s Center for Microeconomic Data,