Press Saute and when the display shows "Hot", add the oil to the inner pot along with the meat.
Cook until browned on all sides, about 2 to 3 minutes per side, up to 12 minutes total. Remove to a plate.
Add the shallots and onions and cook for 5 minutes, stirring frequently.
Add the wine and use a wooden spoon to scrape up the clean background. Cook for 4 minutes, stirring frequently.
Press Cancel.
Add the broth, water, rosemary, garlic powder, paprika, salt and pepper and stir.
Return meat to pot.
Secure the lid, making sure the steam release handle is in the Seal position. Press the Pressure Cook button and set the cooking time to 60 minutes.
When the cooking time is complete, let the pot rest for a few minutes to naturally release the Pressure. Turn the valve to the vent position to release any remaining pressure. Press Cancel and remove the cover.
Remove meat to a cutting board and cover with foil.
Press Sauté and cook the sauce for 4 minutes to thicken.
Cut the meat and place in a bowl.
Strain the sauce into a pot and pour a little over the meat.
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