Trump’s Fed pressure campaign will lead to higher inflation, weaker growth, according to CNBC survey

Trump's Fed pressure campaign will lead to higher inflation, weaker growth, according to CNBC survey

The survey found that 41% of respondents surveyed believe that the president's actions are directly aimed at eliminating the Fed's independence, with 41% saying they are designed to limit them.

Inflation threat from Trump’s Fed meddling

Economists at Australia’s biggest bank have warned governments not to meddle with interest rate policy amid concerns US President Donald Trump is undermining the Federal Reserve’s independence.