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Fed's George to send BBQ sauce to San
Francisco Fed chief after Giants win
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[October 31, 2014]
SAN FRANCISCO (Reuters) - Kansas
City Federal Reserve Bank President Esther George plans to send San
Francisco Fed President John Williams some local barbecue sauce to
commemorate his home team's World Series victory, spokesmen for the
banks said on Thursday.
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 Baseball's biggest annual contest wrapped up its seventh game on
Wednesday with the San Francisco Giants' 3-2 win against the Kansas
City Royals.
The series' final games took place on the same two days that George,
Williams and other U.S. central bankers met in Washington, where
they made the historic decision to end the Fed's bond-buying
stimulus and lay the groundwork for an eventual interest-rate hike.
George and Williams disagree when it comes to U.S. monetary policy,
with George a stalwart critic of the Fed's bond-buying program and
Williams a supporter.
Williams is also a longtime Giants fan, and had a Giants flag raised
atop his bank's downtown headquarters at the start of the World
Series.
 "Following a tradition of highlighting the unique characteristics of
each region," Kansas City Fed spokesman Bill Medley, said in a
statement to Reuters that George will send Williams "a selection of
barbecue sauces and a gift from Kansas City’s Negro Leagues Baseball
Museum, which showcases an important part of American history."
The statement did not touch on monetary policy or the economic
outlook, which Fed regional presidents are banned from discussing
until Friday at the earliest.
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"At risk for President Williams was a selection of wines from the
Twelfth District," a reference to the San Francisco Fed's geographic
writ, which includes California, Oregon and Washington.
"We congratulate San Francisco and Kansas City on an exciting
series," Medley said.
(Reporting by Ann Saphir; Editing by Diane Craft)
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