But when banking chiefs met Mr King on March 20th, they asked him to do more.
Mr King and Andy Haldane, the author of some imaginative papers on finance, are radicals.
But even some who had health problems were able to go ahead, says Mr King.
Mr King and Monetary Policy Committee colleague Martin Weale said they were watching inflation expectations closely.
According to Mr King, Germany became "more intransigent about issues than anyone would have believed".
Mr King rejected Downing Street's criticism that supermarkets had been slow to respond to the scandal.
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Mr King called the arrest a "very significant victory" in the fight against al-Qaeda.
There has been a broadly based change in the pricing climate, said Mr King.
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When Mr King takes over in the spring, Sainsbury is expected to compete more on price.
Mr King said that the overshoot would be temporary, partly because it reflected the VAT increase.
Mr Geffen's material success, Mr King implies, is the direct consequence of his extreme unpleasantness.
Mr King will have influence only if he ends up holding the balance of power.
Then again, rates may have fallen partly because Mr King had made the offer.
Later, Mr King told the BBC that consumers were still being "very, very careful with their money".
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Mr King told the Treasury Committee he expected to be doing that for some months to come.
But Mr King said there was no pressing need to rein in rising growth or curb inflation.
Mr King said that the vote showed most shareholders believe "now is the time to move on".
Whatever happens, Mr King is likely to be thwarted in his ambition to make monetary policy boring.
Mr King is accused of making a false representation with intent to deceive the Civil Aviation Authority.
Questioning defence psychiatrist Dr Robert Adams, Mr King said the defendant by-passed security by "waving an old ticket".
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You could call that a vindication of Mr King's original position: the money was not needed after all.
This has caused a couple of startling third-party upsets: Mr King's victory in Maine, Mr Ventura's in Minnesota.
According to Mr King they increasingly want the foreigners to develop a physical presence, rather than just selling courses.
Nor does Mr King see any reason why children as young as five or six could not go too.
The judge at the five-day trial at Leeds Crown Court said Mr King displayed a "gross breach of trust".
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Mr King made a good fist of explaining the central bank's actions before the parliamentary committee the next day.
"It will take many years before bank balance sheets and fiscal positions return to anything like normal, " said Mr King.
Mr Dupree and Mr King were among 30 guests at Snurridge Manor House in South Molton on 20 August, 2011.
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Mr King, himself from Dorridge, said the company expected to create up to 20, 000 jobs across the UK by 2014.
Moreover, even as kingmaker, it is not at all clear that Mr King could bring about the change he seeks.
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