Some Bank of Japan officials say it’s likely the central bank will discuss the possible ditching of a long-held view that price risks are mainly on the downward side at a policy meeting this month, according to people familiar with the matter.

The officials are also likely to consider adjusting the bank’s growth outlook, the people said.

The central bank meets on Jan. 17 and 18, with its quarterly report on prices and growth likely to be the focus of interest.