Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

France Increases Regulated Savings Rate to 1.7% in Response to Inflation

Bloomberg ·
  • Finance Minister Roland Lescure confirmed the rate hike following a recommendation from Bank of France Governor Emmanuel Moulin.
  • The adjustment to the regulated savings rate is a direct response to rising inflation triggered by conflict in the Middle East.

Quotes

“Based on the proposal of Bank of France Governor Emmanuel Moulin, I’ve decided to increase the rate on the Livret A from 1.5% to 1.7% as of Aug. 1”— Roland Lescure

Sources

France Increases Regulated Savings Rate to 1.7% in Response to Inflation — Heurist Finance