ECB Hikes Deposit Rate by 25 Basis Points to 3.5%

The video discusses a 25 basis points rate hike, expected due to inflation concerns and declining GDP, indicating a potential recession. Despite past panic subsiding, inflation fears persist, necessitating further rate hikes. The central bank faces a balancing act among 20 economies, aiming to ensure policy effectiveness and inflation control.

What does the speaker mean by 'the end game' in relation to the current monetary policy?

In what way does the speaker characterize the role of the European Central Bank?