Step 1: Preheat your oven to 350°F (175°C). Line a baking sheet with parchment paper.
Step 2: Slice the French loaf into approximately 1-inch thick slices. Set aside.
Step 3: In a small bowl, combine the softened butter, granulated sugar, brown sugar, ground cinnamon, ground nutmeg (if using), and vanilla extract. Mix well until a smooth and creamy cinnamon butter mixture is formed.
Step 4: Spread a generous amount of the cinnamon butter mixture onto one side of each bread slice. Make sure to cover the entire surface evenly.
Step 5: Place the coated bread slices onto the prepared baking sheet, cinnamon butter side up.
Step 6: Bake in the preheated oven for about 15-18 minutes, or until the bread is slightly toasted and the cinnamon butter is melted and bubbly.
Step 7: Remove from the oven and let the cinnamon bread cool for a few minutes. Dust with powdered sugar if desired.
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