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Discover LudwigThe phrase "are cooling off" is correct and usable in written English.
It can be used to describe a situation where something is becoming less intense or is in the process of becoming cooler, often in a metaphorical sense as well.
Example: "After the heated debate, the participants are cooling off and reflecting on their arguments."
Alternatives: "are settling down" or "are calming down."
Exact(14)
This could indicate that "inflation concerns are cooling off," Mr. Shin said, which could enable the Federal Reserve to cut benchmark interest rates.
There are already signs that owners are cooling off and the threat of punitive action against Davis seems more unlikely as time passes.
Businesses from advertising to tourism are cooling off, and investment banking and brokerage companies on Wall Street are expected to follow suit soon.
"One way to look at it is to say that maybe the outbreak hot spots are cooling off, maybe they're getting a grip on the disease," Mr. Thompson said.
"The earnings numbers don't indicate things are cooling off," said Mr. Hill, adding that the effects of the most recent rate increase would not be felt until next year.
For anyone who might think that investors are cooling off, a glance at Atlanta will show otherwise.
Similar(46)
The housing industry was cooling off fast.
But agents agree that the market is cooling off.
In this picture, Ray Detrone is cooling off on a rooftop in Soho.
Politically things were cooling off in America, but in Siegel's film the malady lingers on.
With unemployment very little changed, that is further evidence the jobs market could be cooling off".
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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