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Discover LudwigThe phrase "a reduction of interest" is correct and usable in written English.
It can be used when discussing a decrease in the level of interest or attention given to a particular subject or topic.
Example: "The recent changes in policy have led to a significant reduction of interest in the program among potential participants."
Alternatives: "a decrease in interest" or "a decline in interest".
Exact(3)
The bank has tried a number of tactics to lift prices, including a reduction of interest rates below zero and buying large quantities of government bonds.
5.47pm BST Zients says "deficit reduction over the past couple of years" has amounted to more than $2.5tn, through the Budget Control Act, the fiscal cliff agreement, and a reduction of interest payments, Zients say.
If all the credit card payments cannot be done at once, devise a plan and negotiate with the lender and ask for a reduction of interest amount.
Similar(57)
The lawyers want £5,000 per borrower, but say it could be worth it if this results in a reduction of the interest rate or a cap on repayment.
And the slowing growth of wages and inflation suggested that the Bank of England might follow the United States Federal Reserve in a further reduction of interest rates.
But, as is usually the case in a reduction of a specific interest rate, the cut in the prime will benefit different customers differently.
The next month a judge ruled that Mr. Heebner was entitled to S.I.P.C. insurance in the amount of $87,000, reflecting a reduction of $13,000 in interest the investor had earned on the investment before the failure of Old Naples.
The fourth leg that needs to be introduced as a requirement of fiscal and monetary policy, is a publicly announced planned reduction of interest rates.
Mr. Bernanke has pointed to the Fed's extraordinary efforts to stem the crisis, including the creation of new lending vehicles to banks and a reduction of bank-to-bank interest rates to virtually zero, as evidence that the Fed has a firm grasp of what the economy needs.
Cobbett could see no solution to economic distress without a reform of Parliament and reduction of interest on the national debt.
These behaviours are often assessed with tests that quantify the reduction of interest for a pleasurable event (e.g., sucrose intake) or the reluctance to escape from an unpleasant situation (e.g., forced swim test, tail suspension test, and learned helplessness).
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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