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

President Donald Trump's actions relative to the Federal Reserve amount to an effort to limit or eliminate the central bank's independence, according to 82% of respondents to the September CNBC Fed Survey .

Those actions, according to majorities of the 29 respondents, will result in weaker growth, higher inflation and unemployment and a lower value for the dollar.

The survey found that 41% of the economists, fund managers and strategists 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. Just 10% say the president is moving to support the Fed's independence. Zoom In Icon Arrows pointing outwards

"The Trump administration is likely to continue its attempts to reduce the independence