The Caisse des dépôts is counting on a rise in the interest rate of the Livret A savings account.

With "inflation tending to rise again", the CDC, which manages nearly 60% of the outstanding balance of the Livret A savings account, "still expects the Livret A rate to rise again" by the end of the year, explained Mr. Saintoyant.

The next revision of the rate, the calculation of which is partly based on price developments, will be decided by the Bank of France and Bercy in mid-July, for application from August 1st.

In a first estimate published on March 31, INSEE already announced a rise in consumer prices of 1,7% in March year-on-year, after 0,9% in February.

This acceleration of inflation is mainly due to a significant rebound in energy prices, particularly petroleum products (+7,3% year-on-year in March, compared to -2,9% in February), since the first Israeli-American attacks against Iran at the end of February.

While beneficial for savers, an increase in the Livret A rate is not good news for social housing providers, who see the cost of their loans evolve in parallel with the Livret A rate.

"Below 2%, financing conditions remain attractive" for social housing providers, Mr. Saintoyant stated during a presentation of the Banque des Territoires' 2025 activity report. "If we exceed 2%, it could have consequences," he warned.

Asked about the financing of six new nuclear reactors, the leader mentioned a budget of nearly 50 billion euros, at a rate of about 4 billion per year for a dozen years.

"We have plenty of room in the balance sheet of the Savings Fund (...) to inject these 50 billion euros" from the end of 2026 or the very beginning of 2027, he indicated.

The Elysée announced last month that the money placed in the Livret A would contribute to the construction of six new EPR2 nuclear reactors, the cost of which is estimated at 72,8 billion euros.