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Vigilant ECB Hasn’t Yet Seen Second-Round Effects, Villeroy Says
Francois Villeroy de Galhau, governor of France's central bank, emphasized at the G-7 Finance meeting that the European Central Bank remains vigilant but has not yet observed second-round effects of economic imbalances. France, hosting the meeting, prioritizes addressing global economic disparities, including the US budget deficit and China's weak consumption and under-investment in Europe.
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