Text Colors for Rich Text in Content Manger

In the Content Manager it would be great to be able to change the color (or highlight color) of individual words, sentences, or paragraphs.

Using the theme selector does not accomplish the goal, since it is then applied to all text within the entire field. I would like to only format one word within the field.

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Agree, I use a different color for url / links, which I cannot do in the Rich Text in the Content Manager.