By Leika Kihara

TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the central bank is aiming for moderate inflation accompanied by wage rises and economic improvement, signalling that its goal aligns with Prime Minister Sanae Takaichi’s focus on reviving growth.

Moreover, giving voice to the Takaichi administration’s view that it was premature for the central bank to raise interest rates, Finance Minister Satsuki Katayama said inflation has yet to sustainably hit the BOJ’s 2% target.

“The government hopes the BOJ conducts monetary policy so that inflation stably and sustainably moves around 2%. We haven’t seen this happen yet,” Katayama told parliament on Thursday, adding that Japan did not need to worry much about the risk of too-high inflation.

The remarks highlight the politic

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