With the Macro environment as it is with a weakening economy even when rates are at 0, the FED is going to find itself in a very tough spot. Pair this with the ongoing war, a threat to Taiwan by China, possible Global Recession, High Inflation, Energy prices soaring (which is possibly the most important thing to take note of here), all of this ends in the same way most likely.
I think the chances of a recession have multiplied at this point and I'd wager the FED is fully aware of this. They could potentially pivot here and instead of letting it happen, they may want to cause the recession to give themselves breathing room to work with. As odd as it sounds. Since a recession comes both ways.
It is more logical to Raise Rates + Taper as you don't want a recession hitting (which it is) with Rates at 0 and QE. And they cant lower rates at 0 or even worse inject more money.
The FED causing the recession has happened before in the 1980s when the FED was headed by Volcker. Just recently Powell was asked, "Are you prepared to do what it takes to get inflation under control?" to which Powell responded, "I hope history will record that the answer to your question is Yes".