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"The question is not tapering. The question is at what point will they increase the asset purchases to say $150 [billion] , $200 [billion], a trillion dollars a month," Faber said in a " Squawk Box " interview. The Fed-which is currently buying $85 billion worth of bonds every month-will hold its October meeting next week to deliberate the future of its asset purchases known as quantitative easing . (Read more: Treasury yields will still spike to 5%: Societe Generale ) Faber has been predicting so-called "QE infinity" because "every government program that is introduced under urgency and as a...

US Fed to consider more stimulus as recovery slows The US Federal Reserve policy makers may have to start weighing additional steps to boost the recovery after growth fell below 1% in 1-H of this year, as economists cut 2-H growth forecasts. The FOMC will meet August 9 in Washington after the government marked down its measure of economic growth to annual rates of 0.4% in Q-1 and 1.3% in Q-2, casting doubt on the Fed’s June outlook of 2.7 to 2.9% growth for this year. A gauge of US manufacturing, a main engine for the expansion in the USA,...