ECB's Sleijpen Says Repeat of 2022 Inflation Less Likely but Risk Remains

European Central Bank (ECB) policymaker Olaf Sleijpen delivered remarks on Wednesday at an event hosted by the European Economics & Financial Center in London. He stated that the likelihood of a repeat of the severe inflation spike seen in 2022 has diminished, though the risk is not fully off the table.

Sleijpen's comments come as the ECB continues to navigate a complex economic environment, balancing inflation control with growth concerns. His tone suggests cautious optimism, but he stopped short of declaring victory over price pressures.