Proactive Investors - Last week, the Bank of England cut rates for the first time in over four years, a decision that went seemingly unnoticed by the market.
Instead, the stock movement appeared to be driven by the central bank on the other side of the pond after it chose to keep the US's borrowing rate on hold.
However, August might not be the only chance the BoE has of getting a reaction out of the markets.
Analysts at Deutsche Bank (ETR:DBKGn) have predicted the Monetary Policy Committee will cut rates nine times within two years, one of the longest lowering cycles in recent history.
"Our assumption rests on a smooth and gradual path back to neutral. It's clear that there are risks to this view, however," said the German bank.
"One, we could see a faster convergence back to our estimate of neutral (which we see as 2.75% to 3.25%) driven by a faster drop in inflation.
"Two, short-term neutral ends up being a lot higher than we expect, resulting in a shallower rate cutting cycle (and higher terminal rate)."