Frame rate sometimes locked around 50FPS reset required

AMD Ryzen 7 7800X3D
RTX 4070 Ti Super
32GB RAM @ 6000 MT/s
Windows 11
DirectX 12
Sometimes when I start the game the frame rate is locked around 50FPS, changing the in game settings does nothing. IE changing windowed mode, resolution, Vsync or any other setting.
If I run it without Vsync when the issue is not present I normally get around 300 - 350FPS in the hideout.
Is this a known bug, will it be getting fixed, or is it an issue with something outside the game so I can follow it up?
Any help would be appreciated because I don't want to have to keep resetting.

Bumping, as I am actively troubleshooting the same problem.

similar specs, but Intel instead of AMD and a standard 4070 here.

Normally play on adaptive and get ~160ish fps, but sometimes on reboot I am locked at 50-54 FPS. Sometimes, it's fine.

I had a similar issue when PoE2 first became available but that issue ended up resolving.