For this reason, too, it was necessary to commit the ECB in a credible manner to objectives set in advance and to provide it with a sufficient degree of independence, with a view to ensuring that it could pursue the set objectives, free of any national or other political pressure.
10  BIS central bankers’ speeches  The independence of the ECB and the decision-making procedure employed in the Governing Council prevent individual Member States from dominating monetary policy, and the assignment of a clearly defined objective for price stability prevents the independent ECB from abusing its independence in an arbitrary manner.