Due to the Principle of Equivalence gravitational effects are locally indistinguishable from inertial effects, so this rotation rate, at which when she extends her arms nothing happens, is her local reference for non-rotation. This frame is rotating with respect to the fixed stars and counter-rotating with respect to the black hole. A useful metaphor is a planetary gear system with the black hole being the sun gear, the ice skater being a planetary gear and the outside universe being the ring gear.