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"in the medium term" is a correct and usable phrase in written English
It is typically used to refer to a specific period of time that is neither short-term nor long-term. Example: In the medium term, the company plans to expand its operations to reach a larger customer base.
Exact(60)
In the medium term comes another challenge.
In the medium term, it is still a likely outcome.
In the medium term that should not be too difficult.
In the medium term, not all effects are negative.
In the medium term, the deficit is a serious problem.
In the medium term, we see substantial upside to Aviva's earnings from general insurance.
In the medium term, however, a hard Brexit would push up air fares, O'Leary said.
In the medium term, Athens will have to aim at a 3.5% primary surplus.
In the medium term, however, Dein's influence has surely been diluted.
In the medium term, he had to lay out a deficit reduction plan that passed muster in the City.
In the medium term we will need it to deal with the fundamental design flaws in the eurozone.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com