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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 said it is unlikely the central bank will cut US interest rates in March. AP
Fed chair dashes hopes of early US interest rate cuts

Dow drops more than 300 points as central bank says it needs 'greater confidence' before deciding to cut interest rates

EconomyFebruary 01, 2024
Jerome Powell has already indicated the Fed is unlikely to continue raising interest rates. AFP
Fed holds US interest rates steady but path ahead is uncertain

Jerome Powell says timing of rate cuts depends on confidence of inflation's road back to 2 per cent

EconomyJanuary 31, 2024
Hezbollah fighters hold the group's flags during the funeral of a senior commander in Lebanon earlier this month. EPA
US takes aim at IRGC and Hezbollah financial networks

Treasury Department says selling of Iranian commodities is key source of funding for Quds Force and Hezbollah

USJanuary 31, 2024
Consumer confidence reached a two-year high in January on optimism that inflation is cooling and interest rates will be lowered this year. Bloomberg
US consumer confidence reaches highest level in two years

Americans optimistic on slower inflation and looming interest rate cuts, Conference Board reports

USJanuary 30, 2024
The US Treasury Department in Washington, DC. AP
US accuses Iraqi bank of serving as conduit for terrorism financing

Treasury accuses Al-Huda Bank of diverting 'funds that would otherwise support legitimate business and economic aspirations of the Iraqi people'

USJanuary 29, 2024
An armoured police vehicle and a police response car parked outside Iran International's newsroom in west London. The National
US and UK sanction Iran-linked network over international assassination plots

Tehran accused of relying on criminal network to murder journalists and other dissidents

WorldJanuary 29, 2024
A ship transits the Suez Canal towards the Red Sea near Ismailia, Egypt. Getty Images
Red Sea crisis not a threat to US economic outlook - so far

Unlike in Europe, America's road to taming inflation appears to be insulated from Houthi disruptions

USJanuary 29, 2024
Shopping for groceries in Rosemead, California. Core PCE inflation – which excludes food and energy – rose 0.2 per cent last month. AFP
US inflation slows further as momentum builds towards soft landing

Measure closely monitored by Federal Reserve showed core inflation dipped in December

EconomyJanuary 26, 2024
US Treasury Secretary Janet Yellen addresses the Chicago Economic Club. AFP
Yellen contrasts Biden and Trump economic policies in bid to win voters

Treasury Secretary touts 'Bidenomics' agenda, saying it has allowed US to establish 'fairest recovery on record' following the Covid-19 pandemic

USJanuary 25, 2024
The New York Stock Exchange. The increase in GDP reflected increases in consumer and government spending, exports, and commercial and private inventory investment. AFP
US economy grew at solid pace to end 2023

Solid economic growth came as consumer sentiment about economy brightens

EconomyJanuary 25, 2024
Iraqi airline Fly Baghdad and its chief executive have been sanctioned by the US. Photo: Fly Baghdad
US imposes sanctions on Fly Baghdad and Kataib Hezbollah

Treasury Department also announces joint action with UK and Australia that takes aim at Hamas financing

USJanuary 22, 2024
The Federal Reserve is expect to leave US interest rates unchanged at the conclusion of its January 30-31 meeting. Reuters
Federal Reserve officials push back against cutting US interest rates early

Ahead of their self-imposed blackout, US central bankers throw a damper on market expectations

EconomyJanuary 19, 2024
Christopher Waller, the Federal Reserve governor, is optimistic the US central bank is close to bringing inflation down to its long-term target. Bloomberg
Federal Reserve 'within striking distance' of US inflation goal

Federal Reserve governor Christopher Waller expects central bank will be able to lower interest rates this year

EconomyJanuary 16, 2024
The bank, which employs 240,000 people, said the layoffs will be made throughout the next two years. Getty Images
Citi to lay off 20,000 employees after posting $1.8bn loss

New York group among major banks reporting struggling fourth quarters due to SVB and Signature rescue

BankingJanuary 12, 2024
Progressives said President Joe Biden acted unlawfully by authorising strikes against the Houthis in Yemen without congressional approval. Reuters
US Congress split on Biden's strikes on Houthis

Progressives say US President acted unlawfully by circumventing Congress to strike Iranian-backed group in Yemen

USJanuary 12, 2024
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