SAM Deploy failed to create a lambda function

Steps to Reproduce this issue:

Visual Studio Code & AWS ToolKit to deploy a Lambda function ( Python based ) to us-east-1. I was using a IAM user ( not an admin ) that has following the managed policies attached to my IAM user

• IAMFullAccess
• AmazonSNSFullAccess
• AmazonSQSFullAccess
• AmazonS3FullAccess
• AWSCloudFormationFullAccess
• AWSLambda_FullAccess

Observed:

Observed the following error and the CFN deployment was rolledback

2022-11-04 18:42:26 UTC-0700 ServerlessRestApi CREATE_FAILED User: arn:aws:iam::XXXXXXXXXXXXXXXXX:user/demo-test is not authorized to perform: apigateway:POST on resource: arn:aws:apigateway:us-east-1::/restapis because no identity-based policy allows the apigateway:POST action (Service: AmazonApiGateway; Status Code: 403; Error Code: AccessDeniedException; Request ID: 6f0eef1d-14c4-4e53-a972-4ca3d21cf256; Proxy: null)

Ask:

1. Can you please help me on how I should interpret this error and what specific permission / policy change that I need to do to get myself unblocked.
2. Any AWS Console tools in IAM like Access Advisor that could help me review the access logs / audit trials and suggest me what specific managed policy that I need to attach or which inline policy fragment that I need to attach to this user?.

Any references and guidance on how to fix this issue would be very helpful

Thanks!