Inguz is the suffix – ing
Anglo-Saxon Rune Poem (from ragweedforge.com)
Ing was first seen by men among the East-Danes,
till, followed by his chariot,he departed eastwards over the waves.So the Heardingas named the hero.
OMG! Again??? Somehow I think this rune is being quite literal today, with the Christian holy day of Easter. As Frey was a sacrificed god, who rose again, so it’s an easy symbolic connection to another figure who died and rose again.