The dollar is taking water despite the fiery speeches of our dear leaders across the Atlantic. But rest assured, there are other tasty assets to boost your finances! While traditional savings are faltering, particularly with the Livret A and the LEP, it is becoming urgent to look at the prospects for these investments. Their rates will soon drop, so it might be time to find new horizons to secure your savings.
Finance shaken up: end of the El Dorado for French savings
Savers in the Livret A, whose limit is €3,000 max, and the LEP will soon be gnashing their teeth. These savings accounts, long seen as havens of peace for savings, are in the middle of a storm. In question? There drop in ratesplanned for February 2025seriously threatens yields.
Booklet A, still maintained at 3% until this datecould well see its rate melt like snow in the sun.
Why this decline?
- The slowdown in inflation (only 1.2% in September 2024).
- Interbank rates, strongly influenced by the decisions of the European Central Bank (ECB).
- The revaluation mechanism, closely linked to the economic situation.
This situation highlights a dilemma for savers: keep these secure but low-paying savings accounts, or explore other, more attractive solutions?
ECB: the key to lowering rates
Ah, the ECB… With its growing influence on interbank ratesshe plays a decisive role in reducing the Livret A rate. If the latter is not directly dependent on inflation like the LEP, it remains impacted by European monetary policies.
In 2024, interbank rates were around 3.45%, a figure far from the expectations of savers. And this is not getting better: during the next revision, the rate of Livret A – this alternative to bitcoin (BTC) to finance the nuclear fleet in France – could drop to around 2.6%.
In this context, low-income households with LEP are even worse off. There double drop in its rate in 2024 (from 5% to 4%) has already caused losses, and the trend is not upwards. In February 2025, we could find ourselves with a rate below 2%. In short, now is not the time to count on these booklets to make your fortune.
Finally, let's not forget the existence of the Super Livret Crypto, a new savings solution capable of competing with classic formulas like the Livret A. Why not take a look?
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