BRICS Bloc Pushes to End Dollar Dominance, But Major US Bank Still Bullish on Greenback's Future
• BRICS bloc growing and pushing "de-dollarization" agenda, posing threat to global status of US dollar • Major US bank Bank of America remains optimistic about US economy and dollar's future against BRICS • Bank of America CEO said in September that bank expects "soft landing" for US economy rather than recession • BRICS has stated biggest threat to dollar is weaknesses in US economy itself, not foreign threats • BRICS has long-term goal to end dollar's dominance as global reserve currency and promote own currencies