Most Read from Bloomberg"I was completely supportive of the decision to hold rates in July," Daly said Wednesday at an event in Tokyo. Fed officials voted last week to keep interest rates unchanged, though three policymakers dissented because they wanted to raise rates by a quarter percentage point. Daly is not a voter on the rate-setting Federal Open Market Committee this year, though she participates in the policy deliberations. Fed officials have been divided over the risks from inflation pressures, and how to deal with them. In the first, which Daly said she still sees as most likely, inflation is short lived and the Fed can keep holding interest rates where they are.