Fed likely to avoid rate hike before Britain votes on leaving EU

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain's vote on whether to leave the European Union. The geopolitical risk likely will push any rate increase until at least July, despite apparent consensus among Fed officials that a hike is warranted by stronger U.S. growth and tight labor markets. The Fed's June 14-15 rate-setting meeting comes j