Headlines discussed at LNWM’s Monday morning briefing:

— The US Federal Reserve kept interest rates steady and signaled fewer future rate hikes.
— US economic growth is likely to be 1.8% in 2016 and 2.2% in 2017, per latest OECD estimates.
— Support for “Brexit” may ebb ahead of June 23 vote, due to killing of member of Parliament by extremist.
— Japanese stocks fell to lowest level since Feb., yen surged, as Bank of Japan did not increase stimulus.
— China’s total debt hit 237% of GDP in 1st quarter 2016 vs. 148% at the end of 2007.

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