Follow these simple steps to create your amazing Festive Christmas Bread:

1. Activate the Yeast: In a small bowl, combine the warm milk and sugar. Sprinkle the yeast on top and let it sit for about 5-10 minutes until foamy.
2. Mix Dry Ingredients: In a large bowl, whisk together the flour, ground cinnamon, ground nutmeg, and salt until well combined.
3. Combine Wet Ingredients: In another bowl, beat the eggs, then add the softened butter and vanilla extract. Mix until smooth and creamy.
4. Combine Mixtures: Pour the yeast mixture and the wet ingredients into the dry ingredients. Mix until a dough starts to form.
5. Knead the Dough: Transfer the dough to a floured surface and knead for about 8-10 minutes, adding more flour if needed, until the dough is smooth and elastic.
6. Let it Rise: Place the kneaded dough in a greased bowl. Cover it with a damp cloth or plastic wrap, allowing it to rise in a warm, draft-free area for about 1 hour, or until doubled in size.
7. Shape and Bake: After rising, punch down the dough to release the air. Mix in the dried cranberries and chopped nuts. Divide the dough into three equal parts, roll each part into a long strand, and braid them. Place on a lined baking sheet. Brush with the egg wash and let it rise for another 30 minutes. Preheat the oven to 350°F (175°C) and bake for 25-30 minutes until golden brown.