Now that the US Federal Reserve has embarked on a policy easing cycle, with some other central banks around the world following suit, property investors must treat these changes as temporary and remember that there is no substitute for proper research into specific markets and assets, according to consultants. The Fed cut its target rate by 25 basis points to a range of 4 to 4.25 per cent during the sixth meeting of the Federal Open Market Committee last week. The Fed's easing was widely expected and is ...