What is a major reason for the Federal Reserve System's independence?

The Federal Reserve System's independence is primarily aimed at avoiding political influence on monetary policy. This independence is crucial because monetary policy can have significant impacts on the economy, such as inflation rates, employment levels, and overall economic stability. When monetary policy is subject to political pressures, it risks becoming inconsistent and shortsighted, potentially leading to decisions that favor immediate political gains over long-term economic health.

By maintaining independence, the Federal Reserve can implement monetary policies based on economic indicators and analytical data rather than on political agendas or electoral cycles. This creates a more stable and predictable environment for managing the economy, fostering confidence among investors and the public.

While the other options discuss aspects that are related to economic performance and policy decisions, they do not capture the core reason for the Federal Reserve's independence as effectively as the avoidance of political influence does. The focus is on creating a sound monetary policy framework that promotes the nation's long-term economic objectives without succumbing to the pressures that can arise from the political sphere.