cannon senior fellow carl smith give us his look.his is bloomberg. ♪ ♪ i am haidi stroud-watts in sydney. ramy: i am ramy inocencio in new york. you are watching daybreak australia. this is turning out for a central bank week with policy meetings in the u.s., japan, the u.k. and elsewhere. the markets are expecting a possible surprise. the week takes off with the bank of japan tuesday, followed by the fed, the reserve bank of india, wednesday, then the bank of england let's bring in a senior fellow, carl smith, who is also a bloomberg opinion columnist coming to us from washington, dc. looking at what happened with the gdp read, with the fed here, it seems like two more hikes are in the cards. carl: i think that is probably right. if anything we are looking at the possibility of another hike being moved up. the numbers came in pretty strong. everybody thought they would be, but to me the underlying demand looks at the top of what anyone would have thought. you would exclude some of the boom we got in exports, but still it is strong.

smith very well. his reputation was stellar. carl ghattas, david resch, truly great leaders. quiet professionals. departure is truly a loss for the country. >> shawn, let's turn now to director coats in aspen and the new reporting from the "washington post" and here's what they write. they say, "inside the white house trump advisers were in an uproar over coats' interview in aspen, colorado. noting that at moments coats appeared to be laughing, appeared to be laughing at the president, playing to his audience of the intellectual elite in a manner that was sure to infuriate trump." a couple things there, what's wrong with being smart in the intellectual elite? don't we want smart people in this country? >> quite a swipe. >> yeah, so i don't know what that means. that's dumb. will coats suffer from telling the truth today? and after helsinki as well? >> you know, i think we're going to have to watch the relationship between dan coats and the administration very closely for the coming days and weeks because dan coats has done what intelligence directors are supposed to do. he has had the courage to