We are in for a mixture of inflation in prices of basic necessities and deflation in value of all the assets you already own including your fiat currency.
Whatever paltry amount they raise interest rates it's not anywhere close to the actual rate of inflation which is 15% - 20%. So they raised interest rates by 0.75%, how many raises are they really going to do to get close to the real inflation rate?
The question remains, where to park your assets now? Precious metals, BTC and crypto.