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I can see where it would get in your way if you are trying to center the text by eye, but that isn't the best way to do it. Use the align options with the Move Tool.
Make sure to select more than one layer, otherwise the options will not be available.I was going to do that but the options to do that are grayed out. I can't figure out why.
Make sure to select more than one layer, otherwise the options will not be available.



