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I had similar issue but for me there was an option where iI can set the minminimum Time between password reset requests as shown below  .Admin Config

In my case it was set to 10 min, it was set to 10 min. After i change it to 0I change it to 0 the issue was resolved. The
The configuration exists in the same path as you have mentioned but not sure why you do not have this configuration in your Magento.

I had similar issue but for me there was an option where i can set the min Time between password reset requests as shown below  .Admin Config

In my case it was set to 10 min. After i change it to 0 the issue was resolved. The configuration exists in the same path as you have mentioned but not sure why you do not have this configuration in your Magento.

I had similar issue but for me there was an option where I can set the minimum Time between password reset requests as shown below.Admin Config

In my case, it was set to 10 min. After I change it to 0 the issue was resolved.
The configuration exists in the same path as you have mentioned but not sure why you do not have this configuration in your Magento.

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I had similar issue but for me there was an option where i can set the min Time between password reset requests as shown below .Admin Config

In my case it was set to 10 min. After i change it to 0 the issue was resolved. The configuration exists in the same path as you have mentioned but not sure why you do not have this configuration in your Magento.