U.S. Core CPI rose 0.3% month-over-month in August (above market expectations of 0.2%), driven largely by gasoline prices. This data has increased market odds to ~90% for a U.S. Federal Reserve rate hike at the September 15–16 meeting. While equity futures (S&P 500) remain resilient, rising bond yields reflect inflation concerns. For Thailand SMEs with USD exposure or importing costs, this signals ongoing U.S. monetary tightening that could affect exchange rates and input prices.