Perform a macroeconomic scenario analysis. Assume the Federal Reserve raises interest rates by 1% unexpectedly. Analyze the immediate and medium-term (12-18 months) ripple effects on an emerging market economy of your choice (e.g., Brazil, India, Turkey). Cover the impact on: 1) Currency exchange rates and capital flight. 2) Sovereign debt servicing costs. 3) Inflationary pressures on imports. 4) The equity market and foreign direct investment (FDI). Use economic theories like the Mundell-Fleming model to support your arguments.