By City AM reporter Andrew Bailey, who most in the City seem to believe has a tough job that he’s done badly, must be tearing his hair out. To borrow, repurpose and ruin an old nursery rhyme, it’s a case of data data everywhere, but not a drop that makes any coherent sense. The latest wage growth numbers, which emerged yesterday, can be read in all manner of ways; as giving scope for a cut in rates sooner rather than later, or simply indicating that wage growth remains bedded in far above inflation. Inflation, however, is headed downwards rapidly in the UK, but not so much in the US or Europe….