FED EXPECTED TO SET CUSTOMER REPURCHASES The Federal Reserve is expected to intervene in the government securities market to supply temporary reserves indirectly via customer repurchase agreements, economists said. They said the Fed is expected to execute anywhere from 1.5-2.0 billion dlrs of customer repos to offset seasonal pressures on bank reserves. Federal funds, which averaged 6.20 pct yesterday, opened at 6-1/8 pct and remained there in early trading.