Rising US inflation expectations and worsening employment prospects may hinder the Federal Reserve's rate adjustments.

ChainCatcher News, according to Golden Ten Data, the New York Fed's monthly survey shows that U.S. inflation expectations rose in December, with consumers expecting prices to increase by 3.4% over the next year, up from 3.2% in November. At the same time, consumers' estimated probability of finding a new job after unemployment dropped to 43.1%, the lowest level since mid-2013. These data highlight the divergence among Federal Reserve officials regarding the risks of inflation and unemployment rates, which may hinder the Fed's policy adjustments later this month.