It depends, amongst other things, on the slope of the IS curve – the curve that balances investments and savings. This slope may be different when interest rates are low, or when they have been low for a protracted period of time.
https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp201104_2~9afd2bf0ad.en.html  3/7  04/11/2020  Monetary policy in changing conditions  Although the response of investment and consumption expenditure to changes in interest rates is at the heart of stabilisation policies, this question has received surprisingly little attention in the literature so far.