Assign Hotkey to toggle label display for thumbnails

is there a way to assign a keyboard shortcut that toggles label display for thumbnails on or off
instead of having to go each time in preferences?
Additionally any hit to if thumbnail labels can be customized , for example lables set to on for folders, off for files or customized per location?
Thank you

You can toggle thumbnail labels with a button or hotkey which runs:


The labels can't be customized beyond what's in Preferences / File Display Modes / Thumbnails. But Tiles mode gives you per file-type (including folders) customization of what is displayed next to thumbnails in that mode.


Thank you so much.

I could use tiles instead of thumbnails if there is a way to have their labels located under the tile
instead of next to them which wastes valuable space and makes long text incoherent.