Speaking before the start of the TUC's annual congress, when the Bank governor,
A move to a dual remit would mimic the US Federal Reserve, which has long considered forecasts for unemployment and inflation as equally important when setting interest rates.
Carney is scheduled to address about 530 trade unionists on Tuesday morning and has agreed to take questions. He is expected to say again that interest rates will begin to rise in the near future, though he is also expected to tell the audience that rates are likely to peak at about 3%.
"I'm pleased that
The TUC general secretary is concerned union members are still struggling to recover from the financial crash after six years of below-inflation wage rises. "People increasingly feel that if we are seeing a recovery it is about time we had a chance to repair not only the nation's finances but also their own," she said.
"The idea that people should take real-terms pay cuts year after year is just not sustainable. Everyone should share from the benefits of the recovery, not just those at the top."
Some of the broader arguments over the economy are running in the TUC's favour after the success of French economist Thomas Piketty's book Capital and a succession of high-profile campaigns to protect public services and promote a higher minimum wage.
But O'Grady is aware the next parliament will prove a tough fight as scheduled budget cuts for local councils and other services bite further.
On the prospect of a Treasury run by
One of the threats on the horizon comes from Tory MPs campaigning for tougher trade union laws and in particular higher thresholds for strike ballots. O'Grady said low election turnouts were a broader problem after police commissioner ballots that averaged 15% and the 34% in EU elections, which would be invalid under plans suggested by
The TUC has suggested to the business secretary,
"Our discussions with the
The TUC general secretary says workers are still paying the price of the 2008 financial crash
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