Buffett: If I were the Federal Reserve Chair, I would focus on inflation and the stability of the banking system.

BlockBeats message, March 31, Buffett said that if he were to serve as the chair of the Federal Reserve, he would focus on inflation and the stability of the banking system. But it is unclear whether, if he were in the Federal Reserve, he would cut interest rates.

When asked whether he is concerned about shadow banking or private credit, Buffett said the problem could spread from one part of the banking system to another.

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