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Discover LudwigThe phrase "a rate reduction" is correct and usable in written English.
It can be used when discussing a decrease in the cost or price of a service or product, often in financial or economic contexts.
Example: "The company announced a rate reduction for its internet services, making it more affordable for customers."
Alternatives: "a price cut" or "a fee decrease."
Exact(35)
A rate reduction is now much more important to them than it is to a borrower.
MSG's contracts, several industry executives said, do not require a rate reduction from the loss of a team.
My trip in early September coincided with the low season, an American Airlines seat sale and renovations on the resort pool, for which we received a rate reduction.
But as recently as last week, many economists were predicting a rate reduction either today or by the end of the month.
The biggest merchants who have seen a rate reduction haven't bothered to pass it along to consumers – or if they have, they're not mentioning it.
The Fed needs to make clear exactly when and under what conditions a rate reduction is in order.
Similar(24)
By that standard, it's certainly too soon to expect any results from a rate-reduction program that began eight months ago.
Nor, he said, was the Farmers deal, with its promise of a 6.8percentt rate reduction, a real victory.
A smaller rate reduction posed a risk of moving too slowly if the economy was indeed in danger of stalling.
In addition, the state has a plan that will provide a 20percentt rate reduction for customers of investor-owned utilities who use 20percentt less electricity than they did last year.
Analysts noted that a single rate reduction would not be a cure-all for Europe's economic problems, which are deeply rooted and which will require politically painful fiscal policies and overdue economic reforms.
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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