# ECB’s Sleijpen: Energy price retreat will have an impact on inflation

> ECB policymaker Olaf Sleijpen said falling energy prices after easing Middle East tensions would cool Eurozone inflation. EUR/USD recovered to near 1.1400 in the European session but was still about 0.2% lower than Monday's close.

- Date: 2026-06-30 · published 2026-06-30T12:00:00.000Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/19031-ecb-s-sleijpen-energy-price-retreat-will-have-an-impact-on-inflation
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower energy prices reduce pressure for further ECB hikes, which weighs on the euro and supports the dollar. The energy link also affects input costs for fertilizer and feed production.

## Read by commodity

- WTI: bearish ▼
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-02-02 | [Euro zone inflation rise still not sustainable - ECB's Praet \| Reuters](https://feedsoft.ai/events/72708-euro-zone-inflation-rise-still-not-sustainable-ecb-s-praet-reuters.md) | -0.5% | -2.3% |
| EURUSD | 2021-10-28 | [ECB's Lagarde sees higher inflation; pushes back on rate-hike bets \| Reuters](https://feedsoft.ai/events/7162-ecb-s-lagarde-sees-higher-inflation-pushes-back-on-rate-hike-bets-reuters.md) | -0.1% | -2.6% |
| EURUSD | 2022-04-29 | [ECB's Lane: Euro depreciation will be important factor in shaping ECB projections](https://feedsoft.ai/events/42066-ecb-s-lane-euro-depreciation-will-be-important-factor-in-shaping-ecb-projections.md) | +0.1% | +2.1% |
| EURUSD | 2018-09-28 | [Euro Retreats after Inflation Disappointment, Italian Budget Dilemma Cast Doubt over ECB Policy Outlook](https://feedsoft.ai/events/63249-euro-retreats-after-inflation-disappointment-italian-budget-dilemma-cast-doubt.md) | -1.4% | -2.4% |
| EURUSD | 2018-11-05 | [EURUSD retreats on ECB Italy and soft data ahead of US midterm elections](https://feedsoft.ai/events/62241-eurusd-retreats-on-ecb-italy-and-soft-data-ahead-of-us-midterm-elections.md) | -0.5% | -0.3% |
| WTI | 2024-07-30 | [Crude Prices Retreat on the Prospects of Weaker Chinese Energy Demand](https://feedsoft.ai/events/29445-crude-prices-retreat-on-the-prospects-of-weaker-chinese-energy-demand.md) | -3.7% | +1.7% |
| WTI | 2020-03-27 | [Oil market volatility is at an all-time high -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/9201-oil-market-volatility-is-at-an-all-time-high-u-s-energy-information.md) | +37.1% | -32.8% |
| WTI | 2017-07-21 | [Oil prices sink on a report OPEC supply will rise in July](https://feedsoft.ai/events/70144-oil-prices-sink-on-a-report-opec-supply-will-rise-in-july.md) | +4.9% | +0.7% |

## Sources

- mitrade.com: https://www.mitrade.com/au/insights/news/live-news/article-6-1856477-20260630

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.