Hover over the Tools to reveal what the shortcut keys might be.
If you are entering text in the Titler, the Escape key will commit your text changes and activate the pointer tool.
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Essentially, the same thing happens in PS, when using the Text Tool. Most character keyboard shortcuts, just type that character, such as the B Key for Brush, or the one that gets me all the time, the Spacebar to access the Hand Tool - the B Key types, well "B's" and the Spacebar, spaces. Jeff''s Esc Key is the way to go. I think that you will only find this behavior with the Text Tool, as it assumes that you are typing the character, that you want, like a "V."
Jeff & Bill, thanks, you've nailed it.
Just tried it and its the way to go.
As I always say, you learn something new every day.
Thanks for reporting your success, as we often learn something new every day.