ECB’s Lane Says Will Continue Investor Calls Despite Controversy

European Central Bank Chief Economist Philip Lane said he will continue calling banks and investors after policy decisions, defending his approach despite controversy about the institution’s communications strategy.

“It’s very important whenever policy officials such as myself interact with market participants that it’s done in a very systemic, structured, planned, transparent way,” he said in a interview with Reuters. “It’s important, our standing approach right now is to continue those calls.”