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 lengthened their expectations for how long they expect elevated inflation to linger, according to the Federal Reserve Bank of New York's Survey of Consumer Expectations, which as released on Monday.

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,

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.