Create Text File Here - Mac/Finder/Keyboard Maestro

A Keyboard Maestro macro that creates an empty text file in the currently selected folder in Finder.

Sets the Finder selection to the newly created text-file.txt

Puts Finder in Rename mode on the new file

The Keyboard Maestro macro is shown below as screenshots. Also available to download as Text-File-Here.kmmacros and import into Keyboard Maestro.

Similarly, although Finder already has a New Folder option, here is a Keyboard Maestro macro to download that creates a new folder and puts Finder in rename mode

Update Oct 5: Macro now offers to save text clipboard contents into the new file