US STOCKS-Wall St treads lower on Fed warning, Brexit vote
* Fed cuts economic growth to 2 percent for 2016, 2017
* Steady interest rates due partly to Britain's EU vote - Yellen
* May consumer price index up 0.2 pct vs est 0.3 pct
* Indexes down: Dow 0.67 pct, S&P 0.71 pct, Nasdaq 0.78 pct (Updates to open)
By Yashaswini Swamynathan
June 16 (Reuters) - Wall Street opened sharply lower on Thursday, a day after the Federal Reserve's warning of a slowdown in economic growth added to concerns about Britain's possible exit from the European Union.
The Fed said it continued to expect two hikes this year but the consensus seemed shakier with six of the 17 policymakers projecting just one hike. In March, only one official had done so.
Fed Chair Janet Yellen sounded caution that the central bank needed to see more clear signs of economic strength before lifting rates and threw some blame of her current stance on the June 23 Britain vote on its membership in the EU.
The central bank also lowered its economic growth forecast for this year and the next to 2 percent from 2.1 percent. Continuación...