The baht hit 33.43 per dollar intraday before closing at 33.34 (vs 33.28 the previous day), its weakest in about 1.5 months. The Fed raised its policy rate to 3.75-4.00% and signalled one more hike before end-2026. KResearch expects the baht to trade between 33.20 and 33.50 tomorrow. For importers paying in dollars, costs may tick up slightly; exporters get a small cushion. Watch the dollar-denominated input prices and loan rates over the next few weeks.