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.