ECB's Sleijpen Cites “Limited Effectiveness” of Past QE, Calls Inflation Anchoring Key Test of Credibility
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olaf Sleijpen on Friday acknowledged the limited long-term impact of past quantitative easing while emphasizing that anchored inflation expectations remain the definitive metric of ECB policy credibility.
21 August 2026