Central bank autonomy is vital for economic stability as it enables unbiased monetary policy decisions. Without interference, central banks can focus on long-term economic goals and act swiftly during crises. Political influence can hinder effective policy implementation and destabilize the economy. Independent central banks enhance transparency and credibility, instilling trust in the financial system. Their decisions are based on economic data and analysis rather than short-term political gains. Autonomy fosters confidence among investors and promotes sustainable growth, leading to a stable and prosperous economy. Overall, the independence of central banks plays a crucial role in maintaining economic stability and fostering public trust.