Seasonal variations now start to play a key role, as during the winter and springtime, this belt of cold water sets up a strong temperature gradient with the warmer water to the south, resulting in a strong baroclinic zone along the gradient which pulls the subtropical jetstream to the south, creating a positive feedback with the negative NAO. This has favored lower-than-normal pressures in the northeast Atlantic during the winter and spring months, which slows the easterly trade winds over the tropics. In the summer, when the jet retreats to the north, the baroclinic zone dissapears, and the pattern switches so that the lowest pressures are found in the southwest Atlantic over warm tropical waters.
This is the kind of thing that will happen this summer as we have a classic setup of cold over warm in the Atlantic, where the cold water to the north promotes net subsidence (sinking air), and the warm water to the south promotes net upward motion. This really focuses heat and convergence over the deep tropical breeding grounds, lowering surface pressures and favoring lots of storm activity.