In Microsoft Office, when you select text with the mouse, a mini toolbar is displayed, as shown here: https://support.microsoft.com/en-us/office/use-the-mini-toolbar-to-format-text-47012f83-b553-40a9-b7de-f038876f4db3. It has options for changing fonts, alignment, text color, margins, and markers.

When you move the mouse to another location or start typing, the Mini toolbar disappears.

This is particularly useful when performing repeated formatting tasks, as it prevents having to move continuously back and forth across the screen from text to top left of the bar.

It would be great to have something like this too on OO, perhaps with the possibility to enable/disable it.