Central bank independence keeps things grounded for markets. The thinking goes: when monetary authorities operate without political pressure, they can actually focus on what matters most—keeping prices steady and predictable. It's why some argue the Fed's ability to make decisions on its own terms is crucial for achieving those long-term price stability goals everyone's chasing. Without that buffer, policy gets messy, and volatility tends to spike. For anyone tracking macro trends, this independence angle is worth understanding.