Bank of Japan board members discussed how to use estimates on the economy's neutral interest rate to determine further hikes in borrowing costs, with one saying the BOJ's policy rate was still far from that level,

The Bank of Japan is likely to wait until the summer before it next raises interest rates, according to economists surveyed by Bloomberg. Most Read from BloombergWhat Happened to Hanging Out on the Street?

For some economists, the latest move was too completely priced in, begging the question of how explicitly the BOJ intends to signal its plans in the future.

The Bank of Japan's governor says another interest rate hike will be on the table at next week's policy meeting.

Bank of Japan board members discussed how the central bank should use estimates on the economy's neutral interest rate in guiding policy, with one saying the BOJ's policy rate was still far from that level,