Expected Rise in Livret A Rate: Will the August Update Meet Experts’ Predictions?

2023-07-13 10:56:24

If a rise in the Livret A rate is expected for August 1, it could be less than what the law provides. With inflation remaining at 4.5% over one year in June according to INSEE figures, the formula for calculating the “preferred investment of the French”, which takes into account on the one hand the rise in prices and On the other hand, the interbank rates of the last few months should indeed lead to a rate between 4% and 4.1%, according to experts. But the authorities have the possibility of derogating from this formula in the event of circumstances deemed exceptional, and several players, such as the Caisse des dépôts et consignations (CDC), which manages 60% of the amounts deposited by the some 55 million French people holding a Livret A, have recently pleaded for a maintenance at 3%.

Will the government opt ​​for a compromise solution with an increase in the Livret A rate to 3.5%? Response within 1 p.m.

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