April 16 (Reuters) - The run of disappointing data showing stronger-than-expected inflation means the Federal Reserve will likely need more time than previously thought to be confident that inflation is on the path to 2%, Fed Chair Jerome Powell said on Tuesday.
"The recent data have clearly not given us greater confidence, and instead indicate that it's likely to take longer than expected to achieve that confidence," Powell said during an event held at The Wilson Center in Washington. (Reporting by Howard Schneider; writing by Lindsay Dunsmuir; editing by Chris Reese)
