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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

Canada currently faces a 35 per cent tariff on goods imported into the US. AFP
Missing pieces to the Fed's inflation puzzle

US trade deals with China, Canada and Mexico remain elusive, even as central bank signals rate cuts are coming

EconomyAugust 31, 2025
Lisa Cook was first nominated to the Federal Reserve's Board of Governors by Joe Biden in 2022. AP
US Fed governor Lisa Cook sues Trump over attempt to fire her

Fed official says President's attempts to oust her are illegal

USAugust 28, 2025
The Federal Reserve in Washington. Experts argue its independence plays a crucial role in financial stability. Reuters
Trump's fight with the Fed enters uncharted territory

US President's attempt to oust Lisa Cook marks historic test for central bank's independence

EconomyAugust 27, 2025
The Gulf currencies are pegged to the dollar, which can, at times, tie the hands of the central banks
How could Trump's attempts to control the Fed affect Gulf borrowers?

Mortgage rates and short-term rates both likely to be affected by President's moves

EconomyAugust 26, 2025
Lisa Cook, governor of the US Federal Reserve, is considering legal action over President Donald Trump’s attempts to sack her. Bloomberg
Fed's Lisa Cook to challenge Trump's attempted sacking in court

Unprecedented move to fire governor intensifies President's efforts to exert more control over Federal Reserve

USAugust 26, 2025
The Trump administration's pivot on international aid led to the cancellation of 83 per cent of USAID's programmes. Reuters
American organisations hit by USAID cuts struggle to operate

Businesses and NGOs say funding freeze has significantly affected their work

USAugust 26, 2025
Traders increased their forecast of a September rate cut to about 90 per cent after Fed chair Jerome Powell's keynote address to the Jackson Hole Economic Symposium in Wyoming. Reuters
Wall Street rallies as Fed chair Jerome Powell signals rate cuts

Dow closes at high while traders increase bets for reduction next month

MarketsAugust 22, 2025
Fed chair Jerome Powell walks the grounds during the Jackson Hole Economic Policy Symposium in Wyoming. Bloomberg
Fed's Jerome Powell hints at US interest rate cuts

Central bank chief's pivotal speech comes as Donald Trump ramps up pressure campaign

BusinessAugust 22, 2025
Minutes released from the Federal Reserve's July meeting on Wednesday showed broad support among officials to hold interest rates steady. Reuters
Fed minutes: Inflation outweighs employment concerns in divided decision

Donald Trump opens new line of attack on central bank by calling for removal of Fed board member

EconomyAugust 20, 2025
Iraqi Prime Minister Mohammed Shia Al Sudani, centre, during the the signing of an agreement between the Oil Ministry and Chevron. Photo: Iraqi Prime Minister Media Office / X
Iraq signs agreement with US energy giant Chevron on oil exploration

Prime Minister Al Sudani welcomes company back to country after agreement in principle

EnergyAugust 19, 2025
Ukrainian President Volodymyr Zelenskyy and US President Donald Trump inside the oval office at the White House. AFP
Oil prices slip after rising on Trump-Zelenskyy meeting

US stocks little changed as traders await Jerome Powell's remarks later this week

MarketsAugust 19, 2025
Oil tanks at the Saudi Aramco headquarters in Dhahran in November 2007. Reuters
Saudi Aramco signs $11bn Jafurah deal with BlackRock-led consortium

Oil giant to hold 51% stake in newly formed subsidiary as part of transaction

EnergyAugust 14, 2025
Mumbai, India. S&P Global Ratings says the country has benefited from a commitment to fiscal consolidation and efforts to improve spending quality. Photo: Alamy
S&P raises India's credit rating to BBB in first upgrade for 18 years

Ratings agency says effects of US tariffs on Indian economy 'will be manageable'

EconomyAugust 14, 2025
Traders are pricing in a rate cut of 25 basis points when the Federal Reserve holds its next meeting in September. Reuters
Fed's rates dilemma grows as core inflation increases 3.1%

Traders continue to price in September rate cut on fears of a weakening labour market

EconomyAugust 12, 2025
Gold bars have been exempted from US tariffs. AFP
Donald Trump says gold to be spared from tariffs

US President's announcement comes days after record high prices on Friday

USAugust 11, 2025
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