Fed meeting could spur debate on interest rate trajectory, but broader economic outlook still positive

The Fed begins its March meeting on Tuesday and will release its latest interest rate decision and economic projections on Wednesday.

There are concerns officials may trim the number of rate cuts they see for 2024 from 3 to 2, which could lead to a stock market sell-off.

Some strategists say the story may not change much - fewer cuts could come with higher GDP forecasts which is good for companies.

Much of the S&P 500 has fixed-rate debt and won't be impacted by slightly higher rates.

The debate over whether expectations for rate cuts are too optimistic will continue, but the broader story for stocks may not change much.