The STOXX 50 ended Monday near the flat line at 5,725 points, while the broader STOXX 600 edged down 0.1%, as investors adopted a cautious stance ahead of a key week of global central bank decisions, including the Federal Reserve meeting. The Fed is widely expected to deliver a 25bp rate cut, with market focus on updated FOMC projections amid ongoing uncertainty over its 2026 policy path. In Europe, ECB's Isabel Schnabel indicated she is comfortable with market expectations that the central bank’s next move could be a rate hike. On the corporate front, Unilever shares tumbled 1.9% after completing the long-awaited spinoff of the Magnum Ice Cream Company. Ageas rose 0.6% after securing full ownership of AG Insurance, agreeing to acquire the remaining 25% stake from BNP Paribas for $1.9 billion. TKMS climbed 2.9% despite issuing a muted earnings outlook for 2026, while UBS gained 1.8% following reports it may cut an additional 10,000 jobs by 2027.