Rather, central bank independence helps to… -  maintain a long-term stability orientation of monetary policy by insulating decision-making bodies from short-term-motivated political influence…  -  and, thus, contributes to enhancing monetary policy’s credibility, which can be measured by inflation expectations, for instance.
Suffice it to say that the importance of central banks’ independence for the maintenance of price stability can scarcely be overestimated. 2  BIS Review 101/2006  In this context, the track record of my institution, the Deutsche Bundesbank and its former currency, the D-Mark, is a good example of central bank independence definitely being conducive to maintaining price stability.