Ability to select font size and break text into several

Ability to select font size and break text into several rows

It would be very practical to be able to choose the font size independently of the text field size.

For longer text it would be good to be able to let the text break into several rows. This is not possible at the moment and the only way to fit longer text onto the label is to decrease the size of the text field until the text becomes minimal and fits on one single row.