Fed's Collins Favors Keeping Rates on Hold for 'Some Time' Federal Reserve Governor Lael Brainard's colleague, Randall Quarles, and Chairman Jerome Powell have been clear about their intentions: to keep interest rates low for an extended period.
However, Regional Federal Bank of New York President John C.
Williams' counterpart at the San Francisco Fed, Mary Daly, shares similar views on the topic – along with Lael Brainard's colleague at the Federal Reserve Board of Governors, Randall Quarles. The St.