Mr King and Monetary Policy Committee colleague Martin Weale said they were watching inflation expectations closely.
Robert Weale guaranteed himself at least a bronze medal with a thrilling victory over Scotland's Darren Burnett.
Well, thinks Mr Weale, it is as reliable as it can be, although more changes are planned.
All this has Dr Weale believing that the risks of inaction are greater than the risks of action.
Emnes out-muscled covering Foxes defender Curtis Davies to power a 20-yard shot under visiting keeper Chris Weale in the 49th minute.
Sir Mervyn appeared at the committee along with Bank official Paul Fisher and monetary policy committee members Martin Weale and Ben Broadbent.
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In a speech on Saturday Mr Weale said the currency may need to weaken further, helping to make exports cheaper and boost growth.
The falls came after Bank of England policymaker Martin Weale said that sterling may need to weaken further to bolster the UK economy.
And Welsh duo Joanna Weale and Anwen Butten also crashed out, suffering a 20-11 defeat to New Zealand's Sharon Sims and Joanna Edwards.
Martin Weale, director of the National Institute of Economic and Social Research, told the BBC that the government's view was "on the optimistic side".
Martin Weale, the director of NIESR, said that the government would need to put more equity into the banking system so that it was better capitalised.
Their efforts were eventually rewarded with 10 minutes remaining as Fletcher struck a low drive past Chris Weale to earn a well-deserved share of the spoils.
And, although boss Graham Turner then brought in another loan keeper, Chris Weale from Bristol City, when he also got injured, Samson was this time given a proper chance.
Prof Martin Weale, a member of the Bank of England Monetary Policy Committee, said the proposal was "outside the normal range of what is discussed", but added it was an "interesting point".
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Martin Weale took the gloomier road in a speech last night, explaining why he thought interest rates should go up, even if the Bank is right in its current forecasts for inflation.
"Looking at the prospects for next year I think it's fair to say I'm more worried than other members that these sort of expectations may get built into the wage bargaining, price setting process, " Mr Weale said.
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