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The rate-cutting cycle is unlikely to be a smooth ride down

Also in this newsletter: Hungary doubles down on EU cash demands

At the 3,500-acre family estate, conservationist Isabella Tree grows the food – while Ned cooks it

Rising interest rates rather than geopolitics dominate market worries

A deal to halt war between Israel and Hizbollah offers a glimmer of hope

Pause in hostilities to release hostages should lead to a humanitarian ceasefire

A Franco-German report proposes four overlapping circles from an inner core to the new European Political Community

Amassed by an obsessive connoisseur dubbed ‘The Traveller’, it is the most valuable collection of its kind to be sold at auction

Do Democrats know what the working class actually looks like?

As Christianity wanes, the Church of England is issuing its own festive almanac — without a chocolate in sight