Add the flour, salt & pepper, and half of the sweet paprika to a large ziplocking bag. Squeeze to mix together. Add the cubed beef to the bag, seal, and then shake until evenly coated.
6 tsp sweet Hungarian paprika, salt & pepper, 2/3 cup flour, 2 1/2 - 3 lbs beef stew meat
Add half 1/2 the oil to the liner of your Instant Pot and press the SAUTE button (normal). Once the oil's hot, use tongs to add half the beef to the pot- shaking off excess flour before adding it to the pot.
1/4 cup extra virgin olive oil
Sear the beef on all sides, then remove to a waiting plate. Add the remaining oil, and repeat for the remaining beef.
Add the onion to the pot, stirring often, and sauté until softened- roughly 3-4 minutes.
1 small yellow onion
Sprinkle the rest of the sweet paprika, smoked paprika, and cayenne pepper over the onions. Stir to combine, and cook for 60 seconds.
2 tsp smoked paprika, pinch cayenne pepper
Add the tomatoes and broth to the pot, and use a sturdy wooden spoon to stir together and scrape up any browned bits stuck on the bottom to deglaze the pot. Add the seared beef back to the pot.
1 28 oz can petite diced tomatoes, 2 cups beef broth
Close the lid, turning the vent valve to the sealed position, and cook on HIGH pressure for 30 minutes.
Let the pressure naturally release for 10 minutes, then carefully open the vent valve to release any remaining pent up steam.
In a small bowl whisk the cornstarch and water together to form a slurry, then pour it into the pot, and stir to combine. Let the goulash rest for 5 minutes to thicken.
1 tsp cornstarch
Serve over cooked egg noodles with your desired garnishes, and enjoy!
chopped fresh parsley leaves,, sour cream, cooked egg noodles