Pivotal change in Fed's policy or why we will not see high interest any time soon

[Nik]

Ok, so Powell announced it: https://www.cnbc.com/2020/08/27/powel...
But the truth is that while the interest was historically low following 2008 meltdown, so many people seized the opportunity to borrow "cheap" money venturing for an adjustable rate and now hang by a thread that even a slight rise in interest may be devastating.. Not because of the people, of course, more because of the banks.
Don't see a place for high interests for a long time.
What do you think?

[Scout]

In this economy, no way the fed can justify higher interest rates.

[Graeme]

Very low or negative rates are here to stay until there is a 'system reset.'