In case you started Outlook with say, a Dutch localization, folders like “Inbox” are named “Postvak In”. Idem dito for replies on read receipts (Gelezen ipv Read), or Meeting Requests.

I haven’t found an option to change this within Outlook, but using OWA, you can change the option and rename it.

For example, using the ECP from my company:

Restart Outlook – the problem should be fixed.