Creating Peach Cobbler Pound Cake is a straightforward process if you follow these easy steps:

1. Preheat the Oven: Preheat your oven to 350°F (175°C). Grease and flour a 10-inch bundt pan.
2. Mix Dry Ingredients: In a bowl, whisk together the flour, baking powder, baking soda, salt, cinnamon, and nutmeg until well combined.
3. Cream Butter and Sugar: In a large mixing bowl, cream the softened butter and granulated sugar until light and fluffy.
4. Add Eggs: Beat in the eggs one at a time, mixing well after each addition.
5. Incorporate Sour Cream and Vanilla: Add the sour cream and vanilla extract to the mixture, stirring until fully combined.
6. Combine Mixtures: Gradually add the dry ingredients to the wet mixture, stirring until just combined. Be careful not to overmix.
7. Prepare Peaches: Toss the diced peaches with a tablespoon of flour to prevent them from sinking in the batter.
8. Fold in Peaches: Gently fold the floured peaches into the batter until evenly distributed.
9. Pour Batter: Pour the batter into the prepared bundt pan, smoothing the top with a spatula.
10. Bake: Place in the preheated oven and bake for 50-60 minutes, or until a toothpick inserted in the center comes out clean.
11. Cool: Allow the cake to cool in the pan for 15-20 minutes, then invert onto a wire rack to cool completely.

These steps will guide you in creating this incredible cake effortlessly. Each phase plays a crucial role in ensuring your Peach Cobbler Pound Cake turns out perfectly.