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Kyle Fitzgerald

Kyle Fitzgerald

Kyle Fitzgerald is a business reporter who joined The National in 2021. Based out of Washington DC, Kyle primarily covers the Federal Reserve and economic policy. He previously worked for the US Sun and covered two Olympic Games for NBC Sport Group, where he was part of an Emmy-award winning team. Kyle received his master's degree from the University of Westminster in London and his bachelor's at St John's University in Queens, New York.
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Articles

Federal Reserve Chairman Jerome Powell, centre, and other members of the Federal Open Market committee at the Fed building in Washington. Bloomberg
Why the US Federal Reserve's interest rate high-wire act matters to us all

The risks of holding the cost of money for too long or not long enough can have global consequences

EconomyMarch 29, 2024
A British-registered cargo vessel sinks after being damaged in a missile attack by the Houthis in the Red Sea in February. EPA / Yemeni Al Joumhouriya
US sanctions financial facilitators of Houthis, Hezbollah and IRGC's Quds Force

Washington also imposes measures on people supporting regime of Syrian President Bashar Al Assad

USMarch 26, 2024
US Treasury Secretary Janet Yellen speaks before the Senate Finance Committee in Washington. Bloomberg
US Treasury boss pushes Congress to support global minimum tax deal

Lawmakers have yet to approve international agreement that would raise taxes on multinational companies

USMarch 21, 2024
Apple shares fell as much as 3.8 per cent on Thursday following the announcement of the lawsuit. Reuters
US government sues Apple over monopoly of smartphone market

iPhone maker accused of using market power to extract more money from consumers, in landmark antitrust case

USMarch 21, 2024
Federal Reserve Chairman Jerome Powell after the central bank kept interest rates unchanged. Reuters
Fed chair defends cautious approach to cutting US rates

Fed chairman says hotter-than-expected inflation data has done little to deter central bank from cutting rates this year

EconomyMarch 21, 2024
Federal Reserve chairman Jerome Powell. AP
Federal Reserve forecasts three US interest rate cuts this year

Jerome Powell says central bank needs 'greater confidence' before it begins reductions

EconomyMarch 20, 2024
A Tesla supercharger in Santa Clarita, California. Reuters
Are Tesla's days in the Magnificent Seven over?

Electric vehicle maker's shares have dropped roughly 34 per cent this year

MarketsMarch 16, 2024
The Israeli settlement of Efrat in the occupied West Bank. Settlements and outposts are communities built on land occupied by Israel since the 1967 war. AP
US imposes sanctions on settler outposts in occupied West Bank

Biden administration has called Israeli settlements in the occupied territory 'inconsistent with international law'

USMarch 14, 2024
After the Covid-19 pandemic slashed jobs, immigrants have steadily been returning to the US workforce, generating economic growth and helping ease inflationary pressures. Getty Images
Immigration plays key role in booming US economy

New arrivals are filling the labour market and lowering inflation at a time when America's workforce is ageing

EconomyMarch 14, 2024
Markets were expected to closely monitor Tuesday's inflation report to find potential hints on when the Federal Reserve may begin cutting interest rates. Reuters
US inflation rises as Fed considers timing of rate cuts

Latest economic data comes as Federal Reserve chairman suggests central bank is 'not far' from rate cuts

EconomyMarch 12, 2024
President Joe Biden's administration expects the US economy to cool in 2024. Reuters
US budget foresees cooling economy and higher interest rates

Biden's administration expects GDP growth to be slower than IMF's projections

USMarch 11, 2024
US President Joe Biden greets Vice President Kamala Harris during a State of the Union address at the US Capitol in Washington, DC, US, on Thursday, March 7, 2024. Election-year politics will increase the focus on Bidens remarks and lawmakers reactions, as hes stumping to the nation just months before voters will decide control of the House, Senate, and White House. Photographer: Julia Nikhinson / Bloomberg
Biden heralds 'greatest comeback never told' in 2024 election pitch

US President touts economic record as polls show voters disapprove of his job performance

USMarch 08, 2024
Federal Reserve Chairman Jerome Powell testifies before the US House financial services committee in Washington. AFP
Powell expects changes to Fed's proposed banking requirements

Republican House committee chairman says Fed should withdraw 'catastrophic' proposal

BankingMarch 06, 2024
Federal Reserve Chairman Jerome Powell testifies before a US House committee at the Capitol in Washington. Bloomberg
Powell says Fed needs more confidence before cutting rates

US central bank chairman says path to inflation target is 'not assured' as he cautions against dialling back too soon

USMarch 06, 2024
Federal Reserve Chairman Jerome Powell suggested the US central bank will keep interest rates elevated for a prolonged period of time. Reuters
Fed Chair to face pressure on US interest rates in Congress grilling

Federal Reserve officials have been outspoken on need to keep US rates elevated until they are confident that inflation is moving towards their goal

USMarch 06, 2024
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