Powell is a smart guy, I'm guessing he is thinking - damn, no good options left!
Powell may be a smart guy, but he's a complete tool of the globalists. "No good options left" is fair and true. My best guess is that "The Fed" raises interest rates to the 5% area with hopes that whatever fake inflation statistic they are using meets that 5%. The "Fed" legally has no reserves, nor is federal according to the US Constitution. We are being fleeced by the communists. To what end is not clear, but it's not good.