Breaking down the interest rate cut: How it may affect you

Wednesday, October 8, 2008 | 10:36 p.m. CDT; updated 11:10 a.m. CST, Wednesday, February 11, 2009

The Federal Reserve's cut in its benchmark interest rate Wednesday could put more money in your pocket — or take some out. Or both. Figuring out exactly how you're affected may be more complicated than usual, so here are some questions and answers: