Tom Lee: Powell's speech may be interpreted as dovish, driving US stocks to rebound after Friday's speech Odaily Planet Daily News: Tom Lee, Chairman of the Board of BitMine, posted on X platform that in communication with institutional investors, most people expect Federal Reserve Chairman Powell to maintain a hawkish stance at the Jackson Hole annual meeting to avoid being forced to cut interest rates early. However, as the market has taken hawkish expectations as a benchmark, its statement is more likely to be interpreted as dovish, driving the US stock market to rebound after Friday's speech.