Primary reason cited for Livret A rate cut decision by February 1, 2025?
Inflation control • 25%
Economic growth stimulation • 25%
Align with ECB policy • 25%
Other • 25%
Official statements or reports from Banque de France or Ministry of Finance
Banque de France Proposes Livret A Rate Cut from 3% to 2.4%, Above 1.6% Inflation, Effective February 1, 2025
Jan 15, 2025, 08:59 AM
The Governor of the Banque de France, François Villeroy de Galhau, has proposed reducing the Livret A interest rate from 3% to 2.4%, effective February 1, 2025. This change is intended to keep the rate above the current inflation rate of 1.6%. The proposal was announced during a session at the Senate and is expected to be discussed with the Minister of Finance. The new rate reflects ongoing adjustments in response to economic conditions.
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No decision by deadline • 25%
Not approved • 25%
Approved at a different rate • 25%
Approved at 2.4% • 25%
Mixed response • 25%
No significant change • 25%
Increased deposits • 25%
Increased withdrawals • 25%
Yes • 50%
No • 50%
Neither approved • 25%
Both approved • 25%
Only LEP approved • 25%
Only Livret A approved • 25%
Inflation concerns • 25%
Economic growth • 25%
Global economic conditions • 25%
Currency strength • 25%
Economic growth concerns • 25%
Financial stability concerns • 25%
Other • 25%
Inflation concerns • 25%
French Ministry of Finance • 25%
French Senate • 25%
None • 25%
European Central Bank • 25%