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Livret A: towards a new rate hike?

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Held by 55 million French people, the Livret A occupies an important place in the investments of citizens, despite a lower rate than other booklets, as explained by Capital. Its main advantage remains the fact that the interest is not subject to social security contributions or income tax. New announcements concerning him have been made by the Minister of the Economy, Bruno Le Maire.

Since February 1, the Livret A has benefited from a rate of 3% for a ceiling of 22,950 euros. Already evaluated at the start of the year, it could undergo a further increase for the examination scheduled for next August. However, Bercy must tackle the proposals made by the Governor of the Banque de France, François Villeroy de Galhau. “I will follow the recommendation of the Governor of France”, as the Minister of the Economy reminds us.

Questioned this Wednesday, May 3 by FranceInfo, Bruno Le Maire raised a possibility as to the increase in the rate of the Livret A. The precocity of the remarks made by the minister challenges, even if inflation remains the main reason for his statements, to four months from the due date. Like its struggle to carry out the dialogue between manufacturers and mass distribution to fight against the constant rise in food prices, the tenant of Bercy, confirms its desire to act in favor of the French: “My first responsibility is to protect French people’s savings”. Pending suggestions from the Governor of the Banque de France, Bruno Le Maire adds that “if ever the conclusion of the formula and the Governor is that, as inflation is very high, we must continue to increase the remuneration of the Livret A, I will follow his recommendation.”

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