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Discover Ludwig"raise rates" is correct and usable in written English.
You can use it to express the concept of increasing the amount of something such as a fee or a rate of interest. For example, "The bank decided to raise rates on their short-term loans."
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So why raise rates?
It can, however, raise rates.
They cannot raise rates.
So should it not raise rates?
Everyone I talked to said, "raise rates, raise rates, raise rates".
"Ultimately, we may need to raise rates".
The central bank, however, made no move to raise rates.
Yet he said companies still managed to raise rates.
Should the Fed – finally – take the plunge and raise rates?
However, not everyone believes it should wait to raise rates.
Why are the railroads able to raise rates now?
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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