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The phrase "rate setting" is correct and usable in written English.
It can be used in a variety of contexts to refer to the process of establishing a rate, price, or fee for a service or product. For example: "The City Council voted to approve a new rate setting system for utility bills."
Exact(18)
This Article proposes that state regulators adopt a system of advanced planning and incentive rate setting.
Stocks sell historically at a mid-teens price-earnings ratio in this interest rate setting.
Thus, there is a "ceiling" rate, setting the maximum amount that any member can be assessed for the regular budget.
A second feature which suffers from this same hurdle is the Exposure Time/Frame rate setting.
Minutes of the Fed's last meeting revealed a split in the central bank's rate setting committee.
"Issuers are rightfully concerned about the integrity of the interest rate setting process".
Similar(40)
The Fed's interest-rate setting body is expected to cut rates today for the second time this month.
Trade Group Changes Rate-Setting The trade group that oversees Libor publishes changes to the rate-setting process.
Instead, he advocated broad reforms to the rate-setting process.
Instead, it proposed changes to the rate-setting process.
Its rate-setting decisions surprise analysts 26% of the time.
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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