Fed likely to avoid rate hike before British vote EU

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The U.S. Federal Reserve may delay an interest rate rise at its June meeting due to concern about the economic fallout of Britain's impending vote on whether to leave the European Union. The geopolitical risk related to the vote will likely delay any U.S. rate increase until at least July, despite apparent consensus among Fed officials that a rate hike is warranted by stronger U.S. economic growth and a tight labor market. The Fed's June