“If we really do go back to ultra-low interest rates it could mean a reinflation of the bubble economy. But do we really want to go there? With last month’s banking crisis – which is not necessarily over – we have seen what havoc it can create when investors come to take low interest rates for granted and are then caught out when rates rise even to modest levels.”

https://www.spectator.co.uk/article/interest-rates-cant-go-back-to-being-as-low-as-they-were/