Instant Pot Beef Stew - Spend With Pennies

"This instant pot beef stew is unbelievably mouthwatering. Beef chunks are pressure cooked with other ingredients like peas, potatoes, carrots, and onions...."

INGREDIENTS
2 pounds stewing beef (trimmed and cubed)
½ teaspoon each garlic powder (salt and pepper)
1 large onion (diced)
3 tablespoons olive oil
1/4 cup tomato paste
3 cups beef broth
1 cup red wine (or 1 more cup beef broth)
1 teaspoon fresh rosemary (chopped)
2 sprigs thyme
4 large carrots (chopped)
3 cups baby potatoes (cubed)
2 stalks celery (chopped, about 1 cup)
3/4 cup peas (defrosted)
3 tablespoons cornstarch
3 tablespoons water
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