Sanae Takaichi took office vowing to tackle rampant inflation, even though her fiscal ambitions look more likely to hasten price rises if successful. Concerns that Japan’s new prime minister could pressure Bank of Japan Governor Kazuo Ueda to slow his push to normalise rates after years of ultra-loose policy were already weighing on the yen before she took office. In the looming game of fiscal chicken, the central bank is likely to win. [....]