An ensemble of eddy-rich North Atlantic simulations is analyzed, providing estimates of eddy kinetic energy (EKE) wavenumber spectra and spectral budgets below the mixed layer where energy input from surface convection and wind stress are negligible. A wavelet transform technique is used to estimate a spatially localized ‘pseudo-Fourier’ spectrum (Uchidaet al., 2023b), permitting comparisons to be made between spectra at different locations in a highly inhomogeneous and anisotropic environment. The EKE spectra tend to be stable in time but the spectral budgets are highly time dependent. We find evidence of a Gulf Stream imprint on the near Gulf Stream eddy field appearing as enhanced levels of EKE in the (nominally) North–South direction relative to the East–West direction. Surprisingly, this signature of anisotropy holds into the quiescent interior with a tendency of the orientation aligned with maximum EKE being associated with shallower spectral slopes and elevated levels of inverse EKE cascade. Conversely, the angle associated with minimum EKE is aligned with a steeper spectral slope and forward cascade of EKE. Our results also indicate that vertical motion non-negligibly affects the direction of EKE cascade. A summary conclusion is that the spectral characteristics of eddies in the wind-driven gyre below the mixed layer where submesoscale dynamics are expected to be weak tend to diverge from expectations built on inertial-range assumptions, which are stationary in time and horizontally isotropic in space.